Monday BigLaw Merry-Go-Round (Nov 13, 2023)

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

• "Throw Out the Diversity Playbook and Reimagine Inclusive Hiring," Bloomberg Law

• "Grappling with Culture after COVID: A Managing Partner Roundtable," American Bar Association

• "Litigators Are 'Scrambling' to Staff Cases, Battling Rate, Revenue and Quality Challenges," The American Lawyer

• "Law firms slow hiring in third quarter amid push for a profitable 2023 — report," Reuters

• "Many Large and Midsize Law Firms Are Recovering. Others Are in 'No-Man's Land'," The American Lawyer

• "Biglaw Firms Just Don't Want Too Many First-Year Associates," Above the Law

• "Lawyer hiring slows as firms strive for greater profits, according to Thomson Reuters report," ABA Journal

• "What Can PPP Tell Us? It's Complicated," Law 360

• "Latham's New Partner Class Is Male-Dominated, but So Are Many of Its Peers'," The American Lawyer

• "Succession planning in the legal world," Precedent

• "Rainmaking and Leadership Are Divorced, and the Firm Is Not Alright," American Bar Association

• "Cravath Adds Salaried Partner Tier in Latest Wall Street Shift," Bloomberg Law

• "Milbank Raises Associate Salaries, Kicks Off Bonus Season," Bloomberg Law

• "Top Performers 'Likely' To Raise Associate Pay After Milbank's Move, but Broad Hesitancy Lingers," The American Lawyer

• "Milbank's 'Bold' Salary Increases Set Stage for Tough Decisions," Bloomberg Law

• "Associate Pay Raises Escalate GC Fears of Billing Rate Hikes," The American Lawyer

• "Stroock to Lay Off 140 Employees in New York as Firm Collapses," Bloomberg Law

• "'Everyone Was in the Dark': For Stroock Staff, No Communication, No Jobs," The American Lawyer

• "Momentum in Big Law: Who Has It, Why and What They Do to Keep It," The American Lawyer

• "One Tiny Number Shows Why More Firms Want Nonequity Partners," Bloomberg Law

• "Poor Mental Health Comes at a 'Staggering Cost' to Law Firms," The American Lawyer

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