Monday BigLaw Merry-Go-Round (Feb 28, 2022)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"McDermott Sees Second Straight Year of PEP Growth Over 20%, Hitting $3M Mark," The American Lawyer
"With Billable Hours Way Up in Most Practices, Jackson Walker Sets Another Record Year," The American Lawyer
"Ballard Spahr Credits Finance, M&A Practices for 22% Rise in Profits," The Legal Intelligencer
"McGuireWoods' Net Income Tells a 4-Year Growth Story That's Set to Continue," The American Lawyer
"O'Melveny's Profitability Growth Tracks 9% Revenue Hike in Year of Heavy Investment," The American Lawyer
"Hogan Lovells Credits 26% Bump in PEP to Financial Discipline, Three-Way Strategic Balance," The American Lawyer
"'Off the Charts' Demand Led Benesch to Double-Digit Growth," The American Lawyer
"Amid High Demand and Attorney Attrition, Jackson Lewis Raises Revenue and Profits," The American Lawyer
"Davis Polk Tops Milbank Scale for Senior Associates," The American Lawyer
"After Davis Polk's Move, More Firms Give Raises With Extra Bump for Senior Associates," The American Lawyer
"Associate salary war heats up again as big firms match Davis Polk pay," Reuters
"West Coast Law Firms Match Milbank Scale, With Some Going Over the Top for Senior Associates," The American Lawyer
"Billing Rate Increases Prompt Lateral Movement Throughout Am Law 200," The American Lawyer
"New Raises Show How 'Essential' Senior Associates Have Become," The American Lawyer
"Canada's top law firms are raising pay levels for younger lawyers amid a war for talent in the industry," The Globe and Mail
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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