Monday BigLaw Merry-Go-Round (Feb 19, 2024)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"Pre-Hire Personality Tests Set Legal Challenges for Employers," Bloomberg Law
"Law firms' profits rebounded in late 2023 amid robust rate growth," Reuters
"Aggressive Rate Hikes, Head Count Management Helped Am Law 50 Squeeze Profits From Sluggish Demand in Q4," The American Lawyer
"Hours Down. Revenues Up. What Gives?" The AmLaw Litigation Daily
"Law Firms Witnessed a 'Return to Profit Growth' in 2023," The American Lawyer
"Law Firms Prioritized Nonequity Partner Growth In 2023," Law360
"Lofty-Sounding 'Chief Legal Officer' Title Becomes Bargaining Chip in Talent Hunt," Corporate Counsel
"Latest Big Law Layoffs Illustrate Inconsistency in Market as Some 'Still Haven't Seen That Bounce Back'," The American Lawyer
"Have Transactional Demand Levels Slowed Lateral Partner Hiring?" The American Lawyer
"Chasing Higher Performance, Top Firms Are Refreshing Comp Systems to Court Laterals," The American Lawyer
"White Box vs. Black Box Compensation Systems," Law.com
"As Associate Pay Raises Divide the Market, Several Law Firms Match, Others Hold Off," The National Law Journal
"Fenwick & West Laying Off Nearly 10% of Attorneys, Staff," Bloomberg Law
"Fenwick Layoffs Show Pressure on Firms Tied to Silicon Valley," Bloomberg Law
"Impressive Gains at Quinn Emanuel, Hogan Lovells, Milbank Suggest a Healthy 2023 for Am Law 100," The American Lawyer
"An Early Look: The 2024 Am Law 200 Financials," The American Lawyer
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