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The American Lawyer

Law Firms Are In a Strong Spot, But Their Continued 'Growth Mindset' Comes With Challenges

An "aggressive" lateral market as well as expense pressure and partner integration will challenge firms in 2025, even as they are looking to build on an already strong position.
5 minute read

The Legal Intelligencer

'These Things Tend to Go in Cycles': Avg. Partner Comp Hits $1M in Phila.

The figure grew by $260,000 over the previous year, according to a new Major, Lindsey & Africa survey.
4 minute read

The American Lawyer

'We Have That Equal Responsibility': One Am Law 50 Firm's Approach to Lateral Integration

"This is a 50/50 proposition. We're not the 'show me' firm, where we bring in the lateral and say, 'Show me your book and how you'll help us,'" said K&L Gates global strategic growth partner Craig Budner.
6 minute read

The American Lawyer

Facing a Shrinking Talent Pool, Insurance Defense Firms Are Fighting to Add Attorneys

"As insurance carriers become more aggressive with auditing and exceptions and cost containment, that is an impediment to our ability to retain talent," said one law firm leader. "It's having an adverse effect on morale."
6 minute read

The Legal Intelligencer

Culture Key to Remaining Competitive for Talent at Midsize Firms

"Less and less people are concerned with upward mobility as they were in years past," said Philadelphia-area recruiter Brian Levinson. "We live in a now moment, and they're worried about the now."
4 minute read

The Legal Intelligencer

Phila. Associate Talent Market Cools, as Local Firms Refine Retention Strategies

"They could be happier financially or happier culturally, but there are less disgruntled attorneys at their current firms looking to get out," said Alevistar Legal Search founder Brian Levinson.
6 minute read

The American Lawyer

At 18%, Law Firm Associate Attrition Rate Continues 2-Year Decline

"Starting with the pandemic years we saw high levels of attrition, and we're starting to see those attrition levels start to revert to what we saw pre-pandemic," said Jennifer Mandery, vice president for research at the NALP Foundation.
4 minute read

New York Law Journal

Prosecutors Urge Lawmakers to Lift Residency Requirements for ADAs

More than 20 bills have suspended residency mandates in individual cases, but a more sweeping cure is needed, says the statewide DAs group.
5 minute read

The American Lawyer

1 in 4 Big Law Associates Plan to Leave Within the Year

A tough hiring market has improved associate retention lately, but a new Major, Lindsey & Africa survey of Big Law associates found retention problems on the horizon for law firms.
3 minute read

The Legal Intelligencer

Push to 4-Day Attendance Poses Risks for Law Firm Diversity Efforts

The growing eagerness to ramp up office mandates will have the sharpest impacts on women, caregivers, and people of color, according to industry observers.
7 minute read

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