Monday BigLaw Merry-Go-Round (Mar 7, 2022)

Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.

• "GCs Aren't All Bark When It Comes to Complaints About Big Law's Salary War," Corporate Counsel

• "Cravath Tops Davis Polk Salary Scale for 4th Years and Above," The American Lawyer

• "Large law firms rush to match Cravath's salary hikes for associates," Reuters

• "First Big Law Firms Match New Cravath Associate Salary Scale," The American Lawyer

• "Cravath leapfrogs rival firms' pay, offering associates up to $415K," Reuters

• "Deluge of law firms join Davis Polk pay-raise rush amid battle for associates," Reuters

• "The List of Am Law 100 Firms Matching Davis Polk's Associate Scale Is Growing," The American Lawyer

• "Cooley Revenues Approach $2B in Major Growth Year," The American Lawyer

• "Reed Smith Credits M&A, PE for 9.6% Revenue Growth in 2021," The American Lawyer

• "Merging Legacy Systems, Contractions in Equity Tier Helped Faegre Drinker Grow Profits 15%," The American Lawyer

• "Sheppard Mullin, Entering New 'Echelon' of Big Law, Surpasses $1B Revenue Mark," The Recorder

• "Nixon Peabody Grows Revenue 7.8% in New Chair's First Year," The American Lawyer

• "Cozen O'Connor PEP Surpassed $1M in 2021 'Perfect Storm'," The Legal Intelligencer

• "Baker & Hostetler Sees 6% Revenue Growth Amid Deeper Ties to Key Clients," The American Lawyer

• "Fisher & Phillips Sees Revenue and Profits Gains Amid 'Era of Employee Empowerment'," The American Lawyer

• "Burr & Forman, Seeing 8.6% Rise in Profits per Partner, Raises Associate Pay Twice," The American Lawyer

• "This Firm Is Giving Associates $25k to Return to the Office," New York Law Journal

• "How Did Big Law Profits Surge? Demand and Big Rate Hikes Were Key," The American Lawyer

• "Here's Why Profit Growth Will Be Tougher in 2022," The American Lawyer

• "Arent Fox Completes Merger With Schiff Hardin," The American Lawyer

• "Robust Entry-level Law Firm Recruiting Activity Reflects Broader Competition for Legal Talent," NALP

• "Law Student Recruiting Bolstered By Robust Associate Market," Law360

• "Biglaw Firms Score With Historic Offer And Acceptance Rates For Summer Associate Recruitment," Above the Law

• "NALP: 'Law Firms Are Scrambling For Talent, At Both Lateral And Entry Levels'," TaxProf Blog

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