Employers

May 20, 2024

Associate attrition rates and hiring levels at law firms fell for the second year in a row in 2023, according to a recent report by the NALP Foundation.

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April 23, 2024

As far as acronyms go, “PPL” doesn’t have the same recognition as some others in the law firm financial vernacular. And as a barometer of firm performance, profits per lawyer—a firm’s net income divided by its attorney headcount in full-time-equivalents–also doesn’t get the most attention. But should that change?

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March 29, 2024

Big Law recruiters Johnson Downie and Lippman Jungers have merged. These search firms jointly announced in early March, combining recruiting networks in New York, California and Texas for a 20-recruiter national outfit that seeks to become the Am Law 20’s top headhunter.

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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.

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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.

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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.

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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.

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November 11, 2022

Big Law’s huge fee hikes kicked-off the conversation around cost-effectiveness.

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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.

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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.

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