February 21, 2024
In the larger sense, attorney growth across the legal field all looked the same in 2023 as it did the year prior, with law firms increasing full-time equivalent lawyers by an average of about 3.3% each year.
November 7, 2023
After years of getting poached by hungry Big Law firms looking to keep up with the high demand in capital markets and M&A practices, midsize firms are now in a position to settle the score.
October 13, 2023
When Major, Lindsey & Africa surveyed almost 300 Big Law associates about what their firms were doing to keep them and what firms could do better, the national recruiting firm found indicators of associate discontent that didn’t exactly match the market-induced slowdown in lateral movement for deal-focused lawyers.
June 13, 2023
When law firms discuss adapting to changing business environments, they are often focused on external environments such as the bigger market for legal services and the regulatory landscape as a whole. However, the next time people are back in the office, take a second to stop and look around, and they may also notice the changing shape of tomorrow’s workforce.
November 11, 2022
Big Law’s huge fee hikes kicked-off the conversation around cost-effectiveness.
September 20, 2022
Investment fund practices for Big Law have not seen the decline that has affected mergers and acquisitions this year, with lawyers from top fund law firms saying things are as busy and competitive as ever.
August 19, 2022
Law firm associate turnover has hit near-record levels in 2021 in the midst of an explosive amount of corporate demand and lawyer burnout. Also, at the same time, partner attrition has dropped to low levels within firms, according to new figures that suggest that partners may have seen too much client work to focus on looking for a job.
July 27, 2022
Law firm hiring has fully returned to pre-pandemic levels, and the average compensation has continued an upward trajectory at summer associate programs in New Jersey firms and branch offices.
June 22, 2022
Florida has the fourth largest economy in the country and given that there is a lot of legal work coming down the pipe, these next few years are poised to boom due to many factors.
June 15, 2022
Legal associate lateral hiring jumped 149% from 2020 to 2021 as law firms compete against each other to recruit and retain the best talent.