Monday BigLaw Merry-Go-Round (Feb 7, 2022)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"Perkins Coie's IP and Corporate Tech Clients Pushed the Firm to Double-Digit Growth," The American Lawyer
"Proskauer Sees Double-Digit Revenue, Profit Gains as Core Industry Sectors Thrive," The American Lawyer
"'One for the History Books': Dechert's Revenue Grew By 25%, Its Profits By 50%," Law.com International
"Revenue, Profits Up at Vinson & Elkins as Firm Grows Alternative Energy Work," The American Lawyer
"As Young Lawyers Churn Through Jobs, Firms Search for Ways to Fulfill Them," The American Lawyer
"Over Half Of Young Lawyers Considering Quitting by 2027, IBA Research Finds," Law.com International
"In-House To and From a Law Firm Has Become a Revolving Door," Corporate Counsel
"Big Law Salary War Throws Cold Water on In-House Recruiting," Corporate Counsel
"Mintz to Provide Paid Leave for Miscarriage and Failed Surrogacy, Adoption or Fertility Treatment," The American Lawyer
"Firms Have to Move Beyond Money to Win the Talent War in 2022," The American Lawyer
"As Talent War Extends Across Market Segments, Plaintiffs Boutiques Look to Outpay Big Law," The National Law Journal
"The path to law firm partnership just keeps getting longer," Reuters
"Had a Good Financial Year? Thank All Your Legal and Professional Staff," The American Lawyer
"Associate Billing Rates Are Growing Faster Than Partner Rates," The American Lawyer
"How Hard Are Lawyers Working? Billing Averages Obscure Larger Trends," The American Lawyer
"No Magic Algorithm: Using Data to Recruit May Be Simpler Than It Seems," The American Lawyer
"Law Firms Are Eyeing Algorithm-Based Assessments to Lure and Retain Attorneys," Legaltech News
"Big Challenges Are Ahead, Even After Law Firms 'Trounced' Previous Year," The American Lawyer
"Calif. Firms Led the Market in a 'Standout' Year for Revenue and Demand," The Recorder
"Texas law firms see slower growth as out-of-state firms swoop in," Reuters
"Atlanta Law Firms See Huge Revenue Growth, Beating National Average," Daily Report
"Philadelphia Firms Saw Big Revenue Gains In 2021, and Below Average Expense Increases," The Legal Intelligencer
"Top This Big Law: Haynes Boone's New Partners Are 62% Diverse," Bloomberg Law
"Big Law Needs to Revamp Its Return-to-Office Messaging," 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