Monday BigLaw Merry-Go-Round (Jan 15, 2024)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"Carrots and Sticks: Employers Look for Ways to Ensure RTO Compliance," SHRM
"Will Slaughter and May's New Flexible Work Offering Actually Work?" Law.com
"Lawyers Shouldn't Be Shocked to Learn They're Off Partner Path," Bloomberg Law
"Retiring Reluctantly: As lawyers age, many struggle with exit strategies," ABA Journal
"ANALYSIS: Lawyer, Legal Employment Close Out 2023 on a Down Note," Bloomberg Law
"Law Firm Trends for 2024," U.S. News & World Report
"Jordan Furlong says he is done predicting the future of the legal profession because it is here now," Canadian Lawyer
"Nice, not-so-nice 2023 labour employment checklist," Law360 Canada
"'Drastically Different' Associate Strategies in Big Law and Midsize Firms May Continue in 2024," The American Lawyer
"Clifford Chance Mulls Lockstep Change to Better Reward Top Performers," Law.com
"US law firms bulk up with more mergers in the new year," Reuters
"Virtual Law Firms Evolve So Fast They Risk Their Own Destruction," Bloomberg Law
"From Reactive to Proactive: Is Your Firm Investing in the Future?" Law.com
"Law firms face 'volatile' 2024 amid demand, staffing and AI risks — report," Reuters
"As Billing Rates Soar, Law Firm Clients Move to Spread Work Around," The American Lawyer
"2024 Report on the State of the US Legal Market: The challenge of targeting the right markets with the right offerings," Thomson Reuters
"Women Now the Majority of Associates in U.S. Law Firms, Make Record Gains in the Partnership Ranks," NALP
"Most US law firm associates were women in 2023, survey shows," Reuters
"Women Exceed 50% of Law Firm Associates for First Time," Bloomberg Law
"Women Make Up the Majority of Associates for First Time," The American Lawyer
"Women make up majority of law firm associates for the first time: 'Real change is slow,'" CBS News
"For the first time, women make up majority of law firm associates, new NALP report says," ABA Journal
"Across Biglaw Firms, The Future Really Is Female," Above the Law
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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