Law Firms

Insights, strategies, and resources for this topic.

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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Group Lateral Hires: The 'Goldilocks Solution' for Law Firm Growth
Group Lateral Hires: The 'Goldilocks Solution' for Law Firm Growth

Large group lateral hires offer law firms a stable, cohesive growth strategy, balancing individual moves and full acquisitions.

Jun 18, 2024
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How to Keep Associates From Quitting
How to Keep Associates From Quitting

The latest report by the NALP Foundation reveals insights into the dynamics of associate attrition and hiring, providing a roadmap for firms looking to improve retention.

Jun 17, 2024
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Are Law Firm Rates Getting Ridiculous?
Are Law Firm Rates Getting Ridiculous?

A Bloomberg Law article addressing the seemingly unsustainable growth of law firm rates got a lot of attention this week, and pointed out that smaller firms struggle to raise rates as fast as their larger peers.

Jun 14, 2024
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25 Years of Am Law 200: Key Takeaways
25 Years of Am Law 200: Key Takeaways

Exploring 25 years of Am Law 200 data reveals how growth strategies have led to the rise and fall of some of the nation's largest law firms.

Jun 13, 2024
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Law Firms Embrace Gen AI Training for Summer Associates

Law firms are integrating AI training into their Summer Associate programs to enhance efficiency in routine tasks and prepare for the future of legal work.

Jun 05, 2024
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BigLaw Embraces Hybrid Working Model

A new report by Thomson Reuters found 57% of law firm employees are satisfied with their office attendance policies after BigLaw embraces the hybrid office culture.

May 31, 2024
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US Firms Navigate Global Minimum Tax
US Firms Navigate Global Minimum Tax

US multinationals are restructuring their overseas holdings to bring foreign subsidiary ownership back to the US, delaying the impact of a newly established 15% global minimum tax.

May 23, 2024
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