Monday BigLaw Merry-Go-Round (Dec 13, 2021)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"Reaching for the stars: Our second annual legal workplace survey," Canadian Lawyer
"Big Law Firms Offering Jobs Without Interviews in Response to Deal Surge," Law.com International
"Law Firms Made Historic Gains in 2021. They'll Be Hard to Maintain in 2022.," The American Lawyer
"Growth in demand for law firm work hit highs in 2021, report says," Reuters
"Overworked Big Law Can't Find Enough Lawyers With Demand Surging," Bloomberg Law
"Lawyer burnout is 'a real issue' as demand for legal work outpaces growth in lawyer head count," ABA Journal
"The Cost of the Talent War: Bonuses, Raises Drive Up Big Law Compensation Expenses by Double Digits," American Lawyer
"Big Law Budget Pressure Is Back," Law.com
"Cravath Adopts Modified Lockstep Compensation System," The American Lawyer
"In the Midst of a Talent War, Lockstep Can't Last-Even at Cravath," The American Lawyer
"Cravath abandons strict pay model, joining most law firm peers," Reuters
"Morrison & Foerster Joins Growing Roster of Big Law Firms with Diversity Billable Hour Credit," The Recorder
"Will Rising Equity Partner Pay Force Firms to Adjust the Search for New Talent?," The American Lawyer
"As More Firms Dole Out Bonuses, Several Give Extra to Big Billers," The American Lawyer
"Law Firms Stalled After Cravath Bonus, but Fall in Line to Follow Davis Polk," The American Lawyer
"Davis Polk Matches Cravath and Adds 20% 'Special Bonus'," The American Lawyer
"Paul Weiss, Paul Hastings and Debevoise Match Davis Polk Bonuses," The American Lawyer
"Law firm bonus wave continues, with boost from Davis Polk," Reuters
"With Profits and Hours Rising, the Stakes Are High for Equity Partner Comp Allocations," The American Lawyer
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