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legal industry trends

BigLaw Partner Pay Revealed: Equity vs. Non-Equity Earnings & ROI by Practice Area

BCG Attorney Search has released its latest BigLaw Partner Compensation Report: Equity vs. Non-Equity Earnings & ROI by Practice Area,…

BigLaw Revenue Soars in 2025: What’s Behind the 11% Mid-Year Surge

New York, August 2025 – The U.S. BigLaw sector is off to a promising start, delivering a substantial 11% year-over-year…

BigLaw Billing Rates Surge to New Heights in 2025

August 2025 – Billing rates at U.S. Biglaw firms climbed sharply in the second quarter of 2025, continuing a well-established…

BCG Report: Big Law’s $25M+ Club Revealed

BCG Attorney Search’s new report, Elite Law Firm Partners Earning $25M+: Top Rainmaker Compensation Analysis 2024, pulls back the curtain…

BigLaw’s Quiet Worry in 2025: Collections Are Slipping Even as Demand Holds

Snapshot: Growth on Paper, Cash in the Door is Slower Industry trackers show a stronger-than-expected second quarter: demand ticked up…

Some Law Firms Say They “Can’t Afford” Not to Match Milbank’s Summer Bonuses

As summer bonus season unfolds in Big Law, Milbank LLP has once again taken the lead—prompting a ripple effect across…

Trusts & Estates Law Enters a New Era: BCG Reveals Why It’s Now Booming

📄 Read the full report here: The Trusts and Estates Law Boom: A Comprehensive Analysis of Market Trends, Career Opportunities,…

2025 Law Firm Partner Pay Report: Who’s Earning the Most by Firm Size, Region, and Practice Area

👉 Read the full report here: Law Firm Partner Compensation Report (2025): Salary Trends by Firm Size, Region, and Practice…

The Rise of Boutique Law Firms: Why BigLaw Partners Are Building Elite, Independent Practices

In a major shift reshaping the legal industry, a growing number of BigLaw partners are leaving large, national firms to…

Biglaw Revenues Surge in Q1 2025 Despite Slowing Demand: Rate Increases Drive Financial Gains

Introduction: Revenue Up, Demand Down — A Mixed Picture for Biglaw The start of 2025 has brought a paradox for…

Law Firm Billing Rates Escalate: The $3,000-Per-Hour Benchmark and What It Means for the Legal Industry

Introduction In a striking development for the legal industry, Quinn Emanuel Urquhart & Sullivan has set a new benchmark, charging…

Strategic Staffing: The Key to Transitioning Founder-Owned Law Firms

For law students and early-career attorneys, the evolving landscape of legal employment presents both challenges and opportunities. One significant shift…