Monday BigLaw Merry-Go-Round (May 15, 2023)

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

• "Can the Legal Industry Keep the 20,000 Jobs Gained Since Early 2020?," The American Lawyer

• "Law firm financials heading in the right direction, report finds," Reuters

• "Firms Still Down, But Taking Divergent Paths to Recovery," The American Lawyer

• "Law firms see a "bifurcated recovery" with strengths and challenges varying by firm size," ABA Journal

• "After Turnover at Lewis Brisbois, Are More Abrupt Exits on the Horizon for Law Firm Leaders?," The American Lawyer

• "Study Reveals How Pedigree of Law Schools, Law Firms Influence In-House Pay," Corporate Counsel

• "Gender pay gap persists at GC-level, report finds," Legal Dive

• "Law firm associate attrition and hiring ease but remain well above pre-pandemic levels: report," Canadian Lawyer

• "Dechert to Cut Global Workforce by 5%," The American Lawyer

• "Gen-Z Less Interested in Big Law and Traditional Law Firm Paths," The American Lawyer

• "Survey Reveals Gen Z Lawyers and Law Students Shifting Away from BigLaw Career Appeal ," JD Journal

• "Big Law Career Draw Falls for Students Since 2020, Firm Says," Bloomberg Law

• "Gen Z Isn't Chasing the Brass Ring, and That's a Long-Term Crisis," Law.com

• "Hybrid Working Schedule 'Here to Stay,' Littler Survey Shows," Bloomberg Law

• "Equity Partner Productivity Falls Most Amid Q1 Rises in Revenue, Dips in Demand," The American Lawyer

• "Husch Blackwell's Biggest Office Is Virtual, Bucking Big Law," Bloomberg Law

• "End of the Billable Hour? Law Firms Get On Board With Artificial Intelligence," The Wall Street Journal

• "The decline of time-based law firms," Jordan Furlong

• "Husch Blackwell's Biggest Office Is Virtual, Bucking Big Law," Bloomberg Law

• "Law Firm Leadership in the Crosshairs," Law.com.

• "Looming SCOTUS Ruling May Have Chilling Effect on Big Law Diversity Efforts," The American Lawyer

• "First-Year Associate Salaries Increase Sharply Since 2021," NALP

• "$200K is median base pay for new associates, thanks to market pressure from talent wars, NALP says," ABA Journal

• "Did the Talent Wars Doom the Lifestyle Firm?," The American Lawyer

• "Starting Lawyer Salaries Are Up Regardless Of Firm Size," Law360

• "The Biglaw Salary Wars Increased First-Year Associate Salaries Across The Legal Profession," Above the Law

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