Law Firms

Insights, strategies, and resources for this topic.

BigLaw Further Increases its Market Share
BigLaw Further Increases its Market Share

Large firms saw their share of legal spend increase to 48.2% in 2023, up from 47.9% in 2022, amidst further consolidation at the top.

Law Firms
Apr 26, 2024
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M&A Mania Hits Legal Street: U.S. Law Firms Bulk Up in 2024
M&A Mania Hits Legal Street: U.S. Law Firms Bulk Up in 2024

US law firms seek growth through M&A, while small firms feel the pressure

CareerLaw Firms
Jan 15, 2024
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BigLaw Shakeup: Junior Associates Reap Rewards, While Cravath Scale Divides Firms
BigLaw Shakeup: Junior Associates Reap Rewards, While Cravath Scale Divides Firms

Solo & small firms offer lucrative alternatives as salary wars rage on.

CompensationLaw Firms
Jan 10, 2024
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Law Firms Brace for Uncertain 2024, Report Says
Law Firms Brace for Uncertain 2024, Report Says

Client cost-cutting, talent wars, and AI automation: A perfect storm for law firms this year.

CareerLaw Firms
Jan 09, 2024
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Community Discussion: What do you find the most annoying and frustrating about your friends who are still in BigLaw?
Community Discussion: What do you find the most annoying and frustrating about your friends who are still in BigLaw?

Legal Counsel weigh in on what they find most annoying and frustrating about their friends in BigLaw.

General CounselLaw Firms
Jan 05, 2024
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New Law Firm Pierson Ferdinand LLP Begins Operations
New Law Firm Pierson Ferdinand LLP Begins Operations

Pierson Ferdinand, a new law firm founded by ex-FisherBroyles leaders, launches with a significant number of high-profile legal professionals. This strategic move marks a notable industry development.

Law FirmsMergers and Acquisitions
Jan 02, 2024
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Assessing the Momentum of Law Firm Mergers into 2024
Assessing the Momentum of Law Firm Mergers into 2024

As we move into 2024, the legal industry reflects on a year of dynamic merger activity, particularly among boutique law firms, and looks ahead to potential trends and strategic growth through further consolidation.

Law FirmsMergers and Acquisitions
Jan 01, 2024
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Susman Godfrey Pioneering a New Standard in Associate Compensation
Susman Godfrey Pioneering a New Standard in Associate Compensation

The firm has announced year-end bonuses that significantly outstrip those offered by the largest law firms in the nation.

CompensationLaw Firms
Dec 15, 2023
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Kirkland & Ellis’ Dominance Challenged as Rival Firms Adopt Aggressive Partner Investment Model
Kirkland & Ellis’ Dominance Challenged as Rival Firms Adopt Aggressive Partner Investment Model

Rival Firms Embrace Aggressive Partner Investment Models, Challenging Kirkland & Ellis' Dominance

Law Firms
Dec 12, 2023
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Nearly 25% of Law Schools Plan to Use JD-Next Admission Test
Nearly 25% of Law Schools Plan to Use JD-Next Admission Test

The growing adoption of JD-Next signifies a significant shift in legal education, potentially paving the way for a more diverse and well-prepared generation of lawyers. 

In-House CounselLaw Firms
Dec 11, 2023
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DLA Piper Matches Market Rates with Salary Increases
DLA Piper Matches Market Rates with Salary Increases

Competitive legal market ensures that DLA Piper matches Cravath scale for associates.

Law FirmsCareer
Dec 05, 2023
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Over 90 Law Firms Pledge to Foster Inclusivity for Lawyers with Disabilities
Over 90 Law Firms Pledge to Foster Inclusivity for Lawyers with Disabilities

Law firms pledge inclusivity as “21% of the workforce identifies as having a disability, but only 1.4% of lawyers do.”

Law FirmsCareer
Dec 05, 2023
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