Monday BigLaw Merry-Go-Round (May 8, 2023)

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

• "Where Are All the Financial Regs Lawyers? Big Law Has a Need for More," The American Lawyer

• "Class Year Adjustments Underscore Lingering Skills Gap Among Associates," Law.com

• "Georgia Judicial Salaries Seen as Unfair to All, Study Indicates," Daily Report

• "ABA legal education section releases employment data for graduating law class of 2022," The American Bar Association.

• "For 2022 law grads, bar-pass-required jobs increase, while JD-advantage positions decrease," ABA Journal

• "ABA Employment Outcomes Show Modest — but Slower — Growth," Law.com

• "New lawyer hiring was up in 2022. Will 2023 law grads be so lucky?," Reuters

• "Employment Ticks Up For New Law School Grads, ABA Says," Law360

• "Howard Beats Yale, But Is BigLaw Hiring Really Changing?" Law360

• "Buffered From the Highest Highs and Lowest Lows, Midmarket Firms Outpaced the Am Law 100 in Revenue, Profit Growth," Law.com

• "Smaller Firms Score Talent As BigLaw Downsizes," Law360

• "Big Law Capital Markets Is Dead. Long Live Capital Markets Work.," Law.com

• "Associate Training and Development at Stake as Deal Demand Falls," Law.com

• "Will U.S. Firms Start to Open Locations in India?," The American Lawyer

• "Big Law Mistakenly Shrinks Partner Ranks to Look More Profitable," Bloomberg Law

• "EY Failed Split Gives Break to US Law Firms Fearing Competition," Bloomberg Law

• "Law firms and corporate law departments find strategic partners in ALSPs," Reuters

• "AI Could Reduce Billable Hours. But Is That Really a Bad Thing?,"The American Lawyer

• "Young Lawyers Are Willing to Sacrifice Their Comp for These Benefits," The American Lawyer

• "Big Law Surprisingly 'Strong' so Far in 2023, but More Cuts Could Be on the Way," The American Lawyer

• "US law firms added few lawyers in Q1 as demand, productivity dropped — Wells Fargo," Reuters

• "Big Law Attorney Billing Rate at 15-Year Low, Wells Fargo Says," Bloomberg Law

• "Seven Questions — A Conversation with NALP'S Nikia Gray," The Bar Examiner

• "Associate Lateral Moves Drop 66% As Firms Pivot To Partner-Focused Growth Mode," Law.com

• "Associate hiring and attrition remain above average in 2022, new NALP Foundation report says," ABA Journal

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