Monday BigLaw Merry-Go-Round (Oct 23, 2023)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"Race, ethnicity, parents' education level produce differing job outcomes for class of 2022 law grads," ABA Journal
"As Legal Jobs Surge, Law Grads Of Color Lag In Employment," Law360
"NALP: Highest Employment Rate in 35 Years for Law School Grads," Law.com
"Legal job market remains unequal for US graduates of colour, first-gen college students: NALP report," Canadian Lawyer
"Pittsburgh's largest law firms paid new grads up to $225,000," Pittsburgh Business Times
"NALP: Highest Jobs Rate In 35 Years For Law School Class Of 2022, But Grad Of Color And First-Gen Lag Behind," TaxpProf Blog
"Law School Grads Are Getting Jobs At Historic Rates," Above the Law
"Gender pay gap has turned in favour of female general counsel: ACC survey,"Canadian Lawyer
"Adams and Reese Folds Minority Fellowship After Blum Targets 3 More Law Firms," The American Lawyer
"Broadening the Hiring Criteria for Legal Jobs Would Benefit Minorities, Clients," New York Law Journal
"New Partner Training Is a Key Component of Law Firm Success," Law.com
"Lawyer Moves Through Q3 Drop for Second Year in a Row, but Still Outpace Pre-Pandemic Norms," The American Lawyer
"Mid-Market 50 Outpace These Am Law 200 Firms In Revenue Growth," Law.com
"Behind the Churn in Big Law Leadership: 'It's Been an Intense Decade'," The American Lawyer
"Many Law Firms On Pace to Meet Budget, But Uncertainty Lingers in 'Strange Year'," The American Lawyer
"Data confirms early student recruiting: Firms hosted 3x more interviews in June YoY," Flo Recruit
"After Davis Polk Rescinds Offers, Pressure Grows on Firms to Act, Despite 'Grey Areas' in Statements," The American Lawyer
"After Jennings Strouss Closure, Attorneys Reflect, Move On," Law360
"At Quinn Emanuel, Special Fall Bonuses Run as High as $32,908," The American Lawyer
"Law firm Quinn Emanuel doles out extra bonuses before year-end," Bloomberg Law
"Stroock Cut Pay and Hours of Senior Staff as Merger Talks Dragged On," The American Lawyer
"A&O Shearman Has Liftoff — Partners Give Green Light," The American Lawyer
"Allen & Overy, Shearman Merger Approved by Firms' Partners," Bloomberg Law
"What Industry Leaders Think of the A&O Shearman Result," Law.com International
"Hello A&O Shearman. Goodbye 'Magic Circle'," Law.com International
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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