Monday BigLaw Merry-Go-Round (Feb 12, 2024)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"US legal jobs dip following record high, Labor Dept says," Reuters
"Gen AI Could Force Lawyers, Clients to Talk Differently About Billable Hour, Legal Pricing," Legaltech News
"Midsize Firms Use Bonuses, Culture to Compete for Talent After High Payouts for Associates," Law.com
"Cravath Enters Modern Era of Big Law Amid Regular Rate of Partner Exits," The American Lawyer
"Mid-sized firms excel at billing, struggling with collecting, says Clio report," Canadian Lawyer
"Mid-Sized Firms Working Harder, Making More... And STILL Leaving More Money On The Table Than Other Firms," Above the Law
"Pay is top reason associates stay at their law firms, study finds," Reuters
"This is the No. 1 reason associates stay at their law firms, new study says," ABA Journal
"Compensation, Work-Life Balance Among Top Drivers of Associate Satisfaction," The American Lawyer
"Compensation, Work-Life Balance Keep Associates At Firms," Law360
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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