Monday BigLaw Merry-Go-Round (Dec 9, 2024)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"Only 38 percent of women in law hold senior roles: International Bar Association report," Canadian Lawyer
"IBA President launches new 50:50 by 2030 report and holds event on gender disparity in senior law roles," International Bar Association
"Missing Out on Tens of Thousands of Views, Big Law Balks at TikTok," The American Lawyer
"US Law Firm Leasing Up Nearly 30% Through Q3, With a Growing Number of Firms Staying in Place," The American Lawyer
"Trump's budget plans push US government lawyers to private sector," Reuters
"Deluge of Trump-Leery Government Lawyers Join Job Market, Setting Up Free-for-All for Law Firm, In-House Openings," Corporate Counsel
"'This Trend Isn't Over': Law Firm Partner De-Equitizations Expected to Continue," The American Lawyer
"Are Associate Sign-On Bonuses Back? Not Just Yet, Recruiters Say," The American Lawyer
"Why Bay Street just can't quit origination credits," Precedent Magazine
"To Ease Partner Pay Tensions, Some Law Firms Are Seeking 'Middle Ground' in Transparency," The American Lawyer
"New Partner Class Sizes Shrink for Second Year in a Row," The American Lawyer
"Big Firms May See 'Uncomfortable Flashbacks' as Cost Pressure Grows," The American Lawyer
"More Law Firm Business Staffs See Discretionary Bonuses," Law360
"What Do You Know About BigLaw's Associate Bonus Plans?" Law360
"BCLP Exploring Merger Prospects as Profitability Lags, Partnership Shrinks," The American Lawyer
"Stars and Gripes: Firms Need a 'Superstar Culture' to Crack the U.S. Market," The American Lawyer
"Anatomy of a Law Firm Merger," Law.com International
"Southern California Law Firms Boast Industry-Leading Revenue, Demand Through Q3," The Recorder
"The new era of associate pushback," Precedent Magazine
"Three better metrics for law firm success," Jordan Furlong
"Clients Paid More for Less Experience in 2024 Rate Hikes," The American Lawyer
"Highest-Earning Partners May Be Looking to Cash In on Early Retirement," The American Lawyer
"As Non-Equity Partner Ranks Grow, Not All Lawyers Are Thrilled," Bloomberg Law
"Law Firms Are In a Strong Spot, But Their Continued 'Growth Mindset' Comes With Challenges," The American Lawyer
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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