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Despite 'Awkward' Spot, Second 50 Law Firms See Demand Growth
The percentage of Second 50 firms that saw a demand increase through most of 2022 is larger than any other segment.
As Law Firms Seek to Manage Capacity, Layoffs Become Last Resort
One Am Law 25 associate said recent cuts at her firm were about sending a message. "We could absorb people for another year or two, but people needed to know it's not a sure thing," she said.
Law Firms Are Tweaking Partner Comp Reviews to Reward Collaboration
A partner's office presence, among other subjective criteria, is also being considered in the compensation review process now.
Polsinelli Posts 20% Profit Gain This Year, Benefiting From Remnants of Deal Boom
Many firms in the Second 50 have still seen higher demand this year, even though transactional practices cooled off in 2022 and demand is lower across the industry.
Kirkland & Ellis Trims Associate Ranks Following Performance Reviews
Economic headwinds and the drop in deal work have generated concerns that law firms will apply stricter performance review standards, industry observers say.
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State Antitrust Law
Authors: William T. Lifland
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In Associate Ranks, Slowdown in Demand Could Mean 'Cleanup'
Law firms are using the softer demand environment to address weak spots that were difficult to cut before.
Cravath Recruits FTC Commissioner to Co-Lead Antitrust Practice
Noah Joshua Phillips is the latest DC partner hire for Cravath as it prepares to move into a new office in the District.
Cravath Inks DC Lease as It Prepares to Launch Office
The Wall Street law firm signed a 21,065-square-foot lease at 1601 K St. NW, planning to move in this year.
These Five Law Firms Had M&A Boosts, as the Rest of Big Law Slowed Down
Among the top 25 firms by deal value this year, only five firms are in the black.
UK Staffing, Advisory Business LOD Makes US Debut With New York Office Launch
The ALSP offering lawyers on demand to in-house teams has paired up with legal tech consultancy SYKE to launch in the states.TRENDING STORIES
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