Monday BigLaw Merry-Go-Round (Sep 2, 2024)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"Taking Big Leaps in Head Count, 'Show Me' State Law Firms Aggressive in Growth," The American Lawyer
"In the Name of Law, Who are the Real Casualties of Market Downturns?" Law.com International
"Latham & Watkins Will Require Four Days in Office for New York," Bloomberg Law
"After Latham Mandates 4 Days in NY Office in 2025, Other Firms Sticking to 3 Days, For Now," The American Lawyer
"Young, Digital, Demanding: How Gen Z Is Challenging Germany's Law Firms," Law.com
"Prosecutors and public defenders strike for higher pay in this California county," ABA Journal
"AFAs Will Grow as Firms Increase Gen AI Usage, New Survey Finds," New York Law Journal
"Sidley Offers Associates 'Managing' Titles. Why Isn't It Catching On?" The American Lawyer
"Wilmer Adds Nonequity Partnership Tier, Becoming Latest to Move to 2 Tiers," The National Law Journal
"As Nonequity Tiers Give Greater 'Compensation Flexibility,' Other Law Firms Will Likely Follow Wilmer," The National Law Journal
"Am Law 200 Firm's Merger Yields 25% Attorney Growth and $60M More in Revenue," The American Lawyer
"Law Firms Could Post 'One of the Strongest Years We See,'" The American Lawyer
"Am Law 50 Law Firms 'Outpacing' the Industry More in 2024, as Segmentation Accelerates," The American Lawyer
"Big Law's Surprisingly Good Numbers Hint at Possible Great 2024," Bloomberg Law
"All Signs Point Up For Law Firm Financials In First Half," Law360
"To address lawyer shortage, Indiana could fund scholarships, approve allied professionals, commission says," ABA Journal
"'Increasingly Rare': These Law Firms Still Maintain Smaller Partner Pay Spreads," The American Lawyer
"BigLaw's Pause To Consider Bonuses Is Becoming New Norm," Law360
"Dear Dan: Lateral Partners, Mixed Feelings, and Ghosting," The American Lawyer
"Can You Truly Be a Partner If You Don't Have Equity?" Bloomberg Law
"As Associates Watch for Summer Bonuses, Timing Expectations Pushed Back," The American Lawyer
"Billing rates, demand drive strong US law firm financial performance," Reuters
"Elite Law Firms Pushed Industry Gains in First Half of 2024," The American Lawyer
"Second 50 Law Firms Are Trailing Elite Firms and Smaller Peers in Growth," The American Lawyer
"DC Law Firms 'Underperformed' in First Half of 2024," The National Law Journal
"New York City-Headquartered Law Firms Outpace Industry in First Half of 2024," New York Law Journal
"Hourly Rates Rocket Higher, as Elite Firms Leverage Pricing Power," Corporate Counsel
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