Monday BigLaw Merry-Go-Round (Apr 6, 2020)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"'Nobody Is Recruiting Over the Summer': OCI Season Postponed," Law.com
"Associates Like Their Partners, but the Feeling Is Not Mutual, Study Finds," The American Lawyer
"Survey Says Law Firms Need Not Fret About the Millennials," Bloomberg Law
"We worked harder than today's young lawyers, nearly half of surveyed partners say," ABA Journal
"Study Identifies Generational Similarities, Differences in the Workplace," NALP
"Managing Remote Professionals," Slaw
"As Remote Work Brings Isolation, How Can Firms Keep Lawyers in the Fold?," The American Lawyer
"How to Cancel Your Firm's Summer Program," The American Lawyer
"More Am Law 200 Firms Cut Costs to Ride Out Economic Downturn," The American Lawyer
"Norton Rose Offers Staff Reduced Week, Defers Partner Pay and Bonuses," Law.com International
"M&A Activity Fell Off in 2020's First Quarter—Even at Kirkland," The American Lawyer
"'Strong, Big-Name Firms' Are Looking at Imminent Cuts to Partner Draws, Consultant Says," The American Lawyer
"Baker Donelson temporarily cuts pay, furloughs some employees because of COVID-19," ABA Journal
"Dentons Board Mulls Pay Cut For Europe Lawyers," Law.com International
"Law Firm Merger Numbers Drop as Pandemic Takes Hold," The American Lawyer
"Cadwalader Halts Partner Pay, Cuts Associate and Staff Compensation," New York Law Journal
"Allen & Overy Holds Cash Call, Cuts Partner Pay Outs and Freezes Associate Pay," Law.com International
"Pryor Cashman Furloughs Some Associates, Citing Interrupted Workflow," New York Law Journal
"Reed Smith Will 'Slow' Partner Pay in Response to COVID-19 Pressures," The American Lawyer
"Womble Lays Off Some Employees, Cuts Lawyer and Staff Pay Amid Pandemic," The American Lawyer
"In an Effort to Avoid Layoffs, Marshall Dennehey Halts Retirement Matching," The Legal Intelligencer
"Lawyers Fear Billing Delays, Bonus Drops and Job Cuts Amid Virus Panic," Law.com International
"As Coronavirus Ravages the Economy, Bankruptcy Attorneys Prepare for the Flood," The American Lawyer
"Slaughters, Linklaters Halt Associate Recruitment Amid Pandemic Disruption," Law.com International
"For Some Law Firm Support Staff, Pandemic Brings New Uncertainty," The American Lawyer
"Paul Weiss Revenue and Profits Slip, Chairman Points to Busy 2020," New York Law Journal
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By Charlotte Weeks and Shauna C. Bryce, Esq.
About the Authors
Charlotte Weeks, a dual-certified career coach and résumé writer, is the President of Weeks Career Services, Inc. She specializes in helping executives find meaning in their work and advance in their careers.
Providing services of the highest quality, Charlotte begins by assessing each client’s needs and customizing individual solutions. These include writing effective career marketing documents as well as coaching on uncovering opportunities, preparing for interviews, and negotiating salary. She is also an international speaker and a past president of The National Résumé Writers’ Association.
Charlotte has served as a featured expert for media outlets including NBC, Time Magazine, and The Wall Street Journal. She is the author of “I Want to Work in an Association, Now What???: A Guide to Getting a Job in a Professional Association, Membership Organization, or Society”and featured author of “101 Ways to Enhance Your Career.”
For more information, visit: www.weekscareerservices.com
Shauna C. Bryceis a Harvard Law School-educated lawyer who was on the hiring committee of an Am Law 200 law firm. She’s an author of several books, a contributor on legal careers to Forbes, Bloomberg Law, the American Bar Association, Lexis/Nexis, and many more, as well as an affiliate member of NALP and a president emeritus of The National Résumé Writers’ Association.
As one of the country’s best known résumé writers and career coaches, Shauna’s also worked with some of the nation’s top attorneys, who’ve worked places like Google, Dreamworks, Major League Baseball, the U.S. Supreme Court, and the White House. She’s also helped those just starting their legal careers, including law students getting their résumés ready for on-campus interviews (OCIs), summer associate positions, law clerk positions, externships, internships, judicial clerkships, and first-year associate roles. She’s even coached Tier 4 law students to compete with students at Top 5 schools to land high paying jobs in Am Law 100 law firms.
For more information, visit www.brycelegal.com