Monday BigLaw Merry-Go-Round (Jun 12, 2023)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"After Billing Endlessly For Years, Associate Turns Down Biglaw Partnership To Focus On Work-Life Balance," Above the Law
"The Curious Case of Hong Kong," The American Lawyer
"Cravath Has Made Sweeping Moves. Is It Enough?" The American Lawyer
"Law Firms Can Go Beyond Pro Bono to Expand Access to Justice," Bloomberg Law
"Leveraging Knowledge Management, Marketing and BD to Optimize Firm Performance in Downturn," The American Lawyer
"The Spirit of 'The Slide': A Big Law Gaffe Was A Gift to Mid-Market Firms," The American Lawyer
"Something Is Rotting From the Top at Big Law," Connecticut Law Tribune
"Looming Retirement Wave Puts Succession On Front Burner," Law360
"Is the recent wave of law firm layoffs a sign of things to come?," ABA Journal
"Jobs report signals resilient US legal sector despite layoffs," Reuters
"Legal Industry Job Growth Lags Behind The Wider Economy," Law360
"As Layoffs Loom, How Much Control Do Associates Have Over Low Billable Hours?," The American Lawyer
"Partner Pay Spread Condensed Across Big Law, as Head Count Rose and Profits Shrunk," The American Lawyer
"Eckert Seamans Cuts Staff by 2%," The American Lawyer
"When Rainmakers Leave, Partners Ask 'Should I Stay or Should I Go?'" Daily Report
"'Kicking the can': Some law firms are deferring associate start dates," Reuters
"Cooley to Delay Some First-Year Associate Start Dates by Year," Bloomberg Law
"Cooley Delays Some First-Year Associates by Another Year, Reassigns Others as Corporate Slump Continues," The American Lawyer
"Fenwick Defers Incoming Class as Tech Sector Headwinds Drag On," The American Lawyer
"Findings on First-Year Salaries from the 2023 Associate Salary Survey," NALP
"Shifting Big Law Power Dynamics Pave Way for More 4-Day Attendance Policies," The American Lawyer
"Wall Street's Davis Polk Moves to Four Days Per Week in Office," Bloomberg Law
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By Charlotte Weeks and Shauna C. Bryce, Esq.
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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.”
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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