Monday BigLaw Merry-Go-Round (Nov 1, 2021)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"Latham & Watkins Promotes Largest-Ever Cohort to Partner," Law.com International
"'A whole new ballgame.' How 3 law firms brought in new associates amid Delta wave," Reuters
"More law firms use 'virtual internships' to recruit summer associates," Reuters
"Sharing Power With Young Lawyers May Slow Associate Attrition and Management Burnout," The American Lawyer
"Why One Am Law 200 Firm Will Pay First-Years More in Phila. Than NY," The American Lawyer
"Some Big Law Firms Are Giving Part-Time Associates a 'Path Forward' to Partnership," The Recorder
"Some Texas law firms are offering signing bonuses as high as $500K to lateral associates," The ABA Journal
"DEI is Key to Avoiding the Great Resignation: How to Create Workplace Equity With Fair Chance Hiring," Corporate Counsel
"First-Generation Lawyers Faring So Much Worse In Employment Outcomes Should Be An Outrage," Above the Law
"Contrary to Popular Belief, Many Junior Attorneys Want to Work in the Office," The American Lawyer
"Paul Weiss Is Dishing Out 'Discretionary Special Bonuses' to Certain Associates, Counsel," The American Lawyer
"'Special' bonuses are back with new Paul Weiss associate payouts," Reuters
"With Turn to Hybrid Work, Firms Are Recovering Fewer 'Soft Costs' and Losing Revenue," The American Lawyer
"Law Firms Are Focused on Office Returns and Hybrid Work. They're Missing the Point.," The American Lawyer
"Pro bono work increased during COVID as remote volunteering spread," Reuters
"Lateral Hiring Is Becoming So Competitive That Big Law Firms Are Seeking Mergers Instead," The American Lawyer
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