Law Firms

Insights, strategies, and resources for this topic.

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.

HiringIn-House Counsel
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.

CareerLaw Firms
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.

CompensationLaw Firms
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.

CareerLaw Firms
Jun 13, 2024
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Law Firms
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.

Law FirmsTechnology
Jun 05, 2024
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Career
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.

CareerLaw Firms
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.

Law FirmsTaxation
May 23, 2024
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Big Law Gets Bigger, and So Do Expenses
Big Law Gets Bigger, and So Do Expenses

The 400 largest US firms show headcount growth again after two years of sluggishness, with an average growth rate of 2.2%, while operating expenses increased by 6.8%.

CareerHiring
May 22, 2024
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It's Getting Lonelier At The Top: Trends in the Am Law 100
It's Getting Lonelier At The Top: Trends in the Am Law 100

An analysis of the latest financial metrics from the Am Law 100 rankings, detailing revenue, profitability, and growth trends within the legal industry's top firms.

Law Firms
May 17, 2024
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Am Law 200 Update: The Rise of Second Hundred Firms
Am Law 200 Update: The Rise of Second Hundred Firms

The report highlights significant growth among the Second Hundred, which outpaced other segments in demand and revenue growth.

CareerLaw Firms
May 10, 2024
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Big Shifts in BigLaw: A&O Shearman Merger, Mayer Brown China Exit
Big Shifts in BigLaw: A&O Shearman Merger, Mayer Brown China Exit

The merger of A&O + Shearman & Sterling creates a global legal powerhouse with $3.5B in revenue. Meanwhile, Mayer Brown is reportedly scaling back its operations in Greater China.

Law Firms
May 02, 2024
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Class Of 2023: Top 10 Law Schools for BigLaw Employment
Class Of 2023: Top 10 Law Schools for BigLaw Employment

Columbia Law School led the top law schools in placing its Class of 2023 graduates into Big Law firms, with 75.88% of its students securing positions within 10 months of graduation.

CareerLaw Firms
May 02, 2024
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