Monday BigLaw Merry-Go-Round (Sep 2, 2024)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"Taking Big Leaps in Head Count, 'Show Me' State Law Firms Aggressive in Growth," The American Lawyer
"In the Name of Law, Who are the Real Casualties of Market Downturns?" Law.com International
"Latham & Watkins Will Require Four Days in Office for New York," Bloomberg Law
"After Latham Mandates 4 Days in NY Office in 2025, Other Firms Sticking to 3 Days, For Now," The American Lawyer
"Young, Digital, Demanding: How Gen Z Is Challenging Germany's Law Firms," Law.com
"Prosecutors and public defenders strike for higher pay in this California county," ABA Journal
"AFAs Will Grow as Firms Increase Gen AI Usage, New Survey Finds," New York Law Journal
"Sidley Offers Associates 'Managing' Titles. Why Isn't It Catching On?" The American Lawyer
"Wilmer Adds Nonequity Partnership Tier, Becoming Latest to Move to 2 Tiers," The National Law Journal
"As Nonequity Tiers Give Greater 'Compensation Flexibility,' Other Law Firms Will Likely Follow Wilmer," The National Law Journal
"Am Law 200 Firm's Merger Yields 25% Attorney Growth and $60M More in Revenue," The American Lawyer
"Law Firms Could Post 'One of the Strongest Years We See,'" The American Lawyer
"Am Law 50 Law Firms 'Outpacing' the Industry More in 2024, as Segmentation Accelerates," The American Lawyer
"Big Law's Surprisingly Good Numbers Hint at Possible Great 2024," Bloomberg Law
"All Signs Point Up For Law Firm Financials In First Half," Law360
"To address lawyer shortage, Indiana could fund scholarships, approve allied professionals, commission says," ABA Journal
"'Increasingly Rare': These Law Firms Still Maintain Smaller Partner Pay Spreads," The American Lawyer
"BigLaw's Pause To Consider Bonuses Is Becoming New Norm," Law360
"Dear Dan: Lateral Partners, Mixed Feelings, and Ghosting," The American Lawyer
"Can You Truly Be a Partner If You Don't Have Equity?" Bloomberg Law
"As Associates Watch for Summer Bonuses, Timing Expectations Pushed Back," The American Lawyer
"Billing rates, demand drive strong US law firm financial performance," Reuters
"Elite Law Firms Pushed Industry Gains in First Half of 2024," The American Lawyer
"Second 50 Law Firms Are Trailing Elite Firms and Smaller Peers in Growth," The American Lawyer
"DC Law Firms 'Underperformed' in First Half of 2024," The National Law Journal
"New York City-Headquartered Law Firms Outpace Industry in First Half of 2024," New York Law Journal
"Hourly Rates Rocket Higher, as Elite Firms Leverage Pricing Power," Corporate Counsel
About Bryce Legal
Shauna C. Bryce, Esq. Founder and Principal
Since 2006, we've have a single goal: best-in-class services for lawyers. Period. Learn more about our team and how we can help you.
Breaking into BigLaw? Or ready to move on?
Whether you’re staying in a firm or exploring other options, get actionable tools today.
Blog posts you may also like
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