Monday BigLaw Merry-Go-Round (May 5, 2025)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"How Much Longer Can Law Firms Keep Raising Rates by 10% a Year?" The American Lawyer
"Law Firm Demand Growth in Q1 Fell Short of Expectations: Report," The American Lawyer
"Large Law Firm Revenues Climb Despite Dip In Demand" Law360
"Big Law Firm Revenue Grows on Higher Rates, Wells Fargo Says" Bloomberg Law
"Billable hours at larger law firms 'did not quite live up to expectations' in first quarter" ABA Journal
"More Than 700 Law Firm Partners Point to Chilling Effects After Trump EOs," The American Lawyer
"More than 1,100 law students back Susman Godfrey in its lawsuit over Trump order," Reuters
"Student Amicus Brief Signals Recruitment Troubles for Firms Making Deals With Trump," The American Lawyer
"Associate Exits at Kirkland, Labor Complaint Against Skadden Among the Latest in Backlash to Trump Deals," The American Lawyer
"Partner Promotion Numbers Dip to Pre-Pandemic Levels," Law.com International
"Big Law is losing its young, ambitious talent to the startup world," Business Insider
"Akerman Hires Veteran Legal Talent Pro as First Director of Connections," The American Lawyer
"Number of Law Firm Associate Hires Jumped Substantially in 2024: Report," The American Lawyer
"Law Firms Saw Both Associate Hiring, Attrition Rise In 2024," Law360
"Attrition rate is 'markedly higher' for associates of color, NALP Foundation says," ABA Journal
"Lawyers Hired in Work-From-Home Era Are Bolting From Firms," Bloomberg Law
"Will Trump See 'Resistance' From Pro Bono Lawyers? Trump's Law Enforcement EO Fuels More Uncertainty," The National Law Journal
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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