Monday BigLaw Merry-Go-Round (Nov 25, 2024)

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

• "Where have all the lawyers gone? 25% are in these 2 states with higher pay than $176K average," ABA Journal

• "Is Professional Development for Partners the Missing Link to Talent Retention?" The Legal Intelligencer

• "NextGen Lawyers report offers vital insights on how to stay ahead of multigenerational trends," Canadian Lawyer

• "What Practices Are Driving Law Firms' 'Remarkable' Performance in 2024?" The American Lawyer

• "With Rise Of Gen AI, Firms Advised To Rethink Billable Hours," Law360

• "Billables and Bad Partners: Why Associates Are Still Not Happy," Law.com International

• "Don't Blame Inflation for Big Law's Record High Billing Rates," Bloomberg Law

• "Texas Firms Battling Flat Demand Amid Crowded Market In '24," Law360

• "DC Law Firm Growth Falls Behind Big Firms in Other Regions," The National Law Journal

• "Big bonuses spread at large US law firms after Milbank, Cravath moves," Reuters

• "Big Law Hedges Associate Bonuses to Protect Partner Profits," Bloomberg Law

• "More Big Law Firms Rush to Match Associate Bonuses, While Some Offer Potential for Even More," The American Lawyer

• "More BigLaw firms match Milbank's year-end and special bonuses for associates, make no mention of pay hikes," ABA Journal

• "Pa. Firms Set to Finish Year Strong, Thanks to Demand Uptick, Shorter Collections Cycle," The Legal Intelligencer

• "How to Support Law Firm Profitability: Train Partners Up," The American Lawyer

• "Legal service demand up in Q3: Thomson Reuters report," Lexpert

• "Law Firms Are 'Pinching Themselves' Amid Double-Digit Profit Growth and Billing Rate Hikes," The American Lawyer

• "Law Firms Set To Close Out 2024 With Near-Record Billing," Law360

• "Battle for Top Talent Accelerates Amid Profit and Demand Surge," The American Lawyer

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