Law Firms

Insights, strategies, and resources for this topic.

Wilmer Adds Non-Equity Partnership Tier

WilmerHale has introduced a non-equity partnership tier, aligning with a growing trend among major law firms to offer a two-tier partnership structure. The move will not impact current equity partners.

Aug 23, 2024
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Latham & Watkins Mandates Four Days in Office for New York Attorneys
Latham & Watkins Mandates Four Days in Office for New York Attorneys

Latham & Watkins is asking its attorneys in New York be in the office four days a week, starting January 1, 2025, joining other firms with similar policies.

Aug 22, 2024
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Law Firms on Track for a Record-Breaking Year, Says Citi Report
Law Firms on Track for a Record-Breaking Year, Says Citi Report

Citi Global Wealth at Work has released a report predicting a record-breaking year for law firms in 2024.

Aug 20, 2024
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Google / Ironclas Legal Ops Veteran Mary O’Carroll Appointed New COO

Mary O’Carroll, the former head of Google’s legal operations, has joined Goodwin as Chief Operating Officer, bringing her extensive experience in legal operations and technology to the firm.

Aug 13, 2024
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Class of 2023 Sees Record-High Job, Salary Outcomes, NALP Study Finds
Class of 2023 Sees Record-High Job, Salary Outcomes, NALP Study Finds

However, this year’s graduates might be the last benefactors of the talent wars, as law firm recruiting activity hits an 11-year low.

Aug 02, 2024
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Harvard Highlights Groundbreaking Research Project on Realities of Legal Careers
Harvard Highlights Groundbreaking Research Project on Realities of Legal Careers

Harvard Law Schools' The Practice magazine delves into a book based on the After the JD Project examining American legal careers over 13 years.

Jul 26, 2024
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BigLaw Backlash Over Push to Return to Office
BigLaw Backlash Over Push to Return to Office

BigLaw firms are pushing for a return to traditional office settings, reversing earlier promises of flexible work arrangements.

Jul 25, 2024
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Kirkland & Ellis Renews $50K Referral Bonuses
Kirkland & Ellis Renews $50K Referral Bonuses

The firm is offering the bonus to junior lawyers to bring in associates to manage M&A activity and the need for both litigation and corporate talent.

Jul 19, 2024
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Disparities in Law Graduates' Earnings and Elite Lawyers' Salary Surge
Disparities in Law Graduates' Earnings and Elite Lawyers' Salary Surge

The Georgetown University CEW report highlights significant earnings disparities among law graduates, while top firms compete for elite legal talent in unprecedented salary increases.

Jul 05, 2024
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American Lawyer's 2024 Diversity Scorecard
American Lawyer's 2024 Diversity Scorecard

The 2024 Diversity Scorecard reveals steady improvements in minority, women, and LGBTQ+ representation within U.S. and U.K. law firms, highlighting significant gains and persistent challenges.

Jun 28, 2024
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US Firms Show Strong Presence in UK Legal Market
US Firms Show Strong Presence in UK Legal Market

US law firms are increasingly prominent in the UK legal market, with 11 of the top 30 firms by revenue being headquartered in the United States.

Jun 27, 2024
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Strategic Shifts and Modest Growth: NLJ 500 Key Trends
Strategic Shifts and Modest Growth: NLJ 500 Key Trends

The results show modest growth in attorney headcounts among the largest U.S. law firms, with significant changes in firm rankings driven by strategic expansions and market dynamics.

Jun 20, 2024
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