Monday BigLaw Merry-Go-Round (Dec 6, 2021)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"Seeing Long Careers and Burnout Ahead, Many Young Lawyers Want Less Work," The American Lawyer
"Big Law's Talent Shortage Raises Vexing Questions on 'Quality'," Bloomberg Law
"The Great Juggling Act: How Working Parents Have Kept Law Firms—and Kids—Thriving Through It All," The American Lawyer
"Arent Fox and Schiff Hardin to Merge, Creating a New Am Law 100 Powerhouse," The American Lawyer
"Arent Fox, Schiff Hardin will merge to form $475 mln revenue firm," Reuters
"How ArentFox Schiff Becomes a Serious Contender in the Hunt for New Business and the War for Talent," The American Lawyer
"Kirkland Shortens Track to Equity Partnership," The American Lawyer
"Kirkland's Shorter Partner Track Will Likely Make Waves, Industry Watchers Say," The American Lawyer
"DLA Piper Joins Associate Bonus Fray, Exceeding Cravath for Top Producers," The American Lawyer
"Cravath Kicks Off Big Law Year-End Bonuses," The American Lawyer
"Cravath kicks off year-end bonus season with payouts reaching $115K," Reuters
"Matching Begins in 2021 Big Law Year-End Bonus Season," The American Lawyer
"More law firms join end-of-year bonus race following Cravath," Reuters
"3 decades ago, legal headhunting required more time for fewer placements," ABA Journal
"Prosecutor pay isn't keeping up with inflation, even as some case backlogs grow, study author says," ABA Journal
"As Talent War Escalates, Law Firms Fear Business Pros Getting Poached," The American Lawyer
"Will Associates Benefit From Early Career Milestones?," The American Lawyer
"COVID-Era Expense Savings Mostly Gone, Firm Leaders Say," Daily Business Review
"Partner Classes Are Bigger, But Getting Equity Is Still a Steep Climb at Law Firms," The American Lawyer
"McGuireWoods, Akin Gump Promote Record Partner Classes, While Steptoe's Class Features Strong Diversity," The National Law Journal
"Simpson Thacher and Weil Gotshal Announce Steep Rise in Partner Promotions," Law.com International
"At the End of a Profitable Year, Firm Leaders Brace for 'Uncertain' 2022," The Legal Intelligencer
"Amid Partner Promotions and Equity Partner Exits, Akerman Breaks Revenue and Profit Records in 2021," Daily Business Review
"German Firm Increases Salaries Above Magic Circle and US Rival Rates," Law.com International
About Bryce Legal
Shauna C. Bryce, Esq. Founder and Principal
Since 2006, we've have a single goal: best-in-class services for lawyers. Period. Learn more about our team and how we can help you.
Breaking into BigLaw? Or ready to move on?
Whether you’re staying in a firm or exploring other options, get actionable tools today.
Blog posts you may also like
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