Monday BigLaw Merry-Go-Round (June 1, 2015)

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

• "Firm Leaders Say Overcapacity Is Hurting Profitability," Am Law Daily

• "Are nonequity partners at risk? 43 percent of surveyed law firms say they have too many," ABA Journal

• "Survey Indicates Use of Computer Learning Systems Is the Future of Legal Spending," Legaltech News

• "Gateley is poised to become first UK law firm to go public, hopes to raise $15M in IPO," ABA Journal

Legal Hiring

• "Legal Services Gains 2,300 Jobs in April, But Industry Layoffs Continue," Am Law Daily

• "Proskauer lays off 29 staff members," ABA Journal