Monday BigLaw Merry-Go-Round (May 18, 2020)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"Associates Want a Break on Billable Hours as Pay Cuts Roil Law Firms," The American Lawyer
"After a Strong First Quarter, Citi Says Firms Are Focused on Cash Flow," The American Lawyer
"Legal Industry Shed 64,000 Jobs in April as Layoffs and Furloughs Spread," The American Lawyer
"Cancel Law Student Internships? 'Mais Non,' Say French Firms," Law.com International
"Summer Associate Programs and COVID-19: How Law Firms Are Responding," The American Lawyer
"Simpson Thacher Says Summer Associates Can Earn More Money Through Giving Back," The American Lawyer
"It's Real and It's Spectacular: A Free Summer Class on 'Seinfeld' and the Law," Law.com
"Finnegan Cuts Pay for Lawyers and Staff Due to COVID-19 Uncertainty," The National Law Journal
"Perkins Coie Cuts Pay for Lawyers and Staff, Prepares for 'Transformational' Shift in Economy," The American Lawyer
"Cooley Resists Cuts as CEO Peers Into a Post-Pandemic Future," The American Lawyer
"Cost Cuts Spread Across Big Law's Billion-Dollar Club," The American Lawyer
"Guarding Cash, Quinn Emanuel Hits Pause on Partner Distributions and Rejiggers Draws," The American Lawyer
"Orrick Hires New Leader for Diversity Efforts," Bloomberg Law
"Holland & Knight Furloughs Staff, Cuts Compensation for Most," Daily Business Review
"Pay Cuts, Layoffs, and More: How Law Firms Are Managing the Pandemic," The American Lawyer
Breaking into BigLaw? Or ready to move on?
Whether you’re staying in a firm or exploring other options, get actionable tools today.