Law Firm Financial Outlook: Profit Growth Amid Uncertainty in 2025
Introduction: A Year of Gains, A Future of Uncertainty As 2024 came to a close, U.S. law firms experienced a…
legal industry trends
Latham & Watkins’ 2024 Bonuses: A Record-Breaking Year for Biglaw Associates
Biglaw firms continue to reward their associates generously after a financially successful 2023, with many announcing matches to Milbank’s year-end…
Big Law’s Return-to-Office Policies: Navigating Presidential Mandates and Client Expectations
Introduction In response to President Trump's directive for federal agencies to terminate remote work arrangements, the legal industry is reassessing…
Reed Smith’s Strategic Expansion: Atlanta’s Legal Landscape Shifts with New Office Launch
The unexpected departure of a 12-partner team from prominent Atlanta law firms to establish Reed Smith’s newest office has sent…
The Shifting Legal Talent Landscape: What It Means for Associates and Law Firms in 2025
Law Firms Are Evolving – But Not in Favor of Junior Associates The 2025 Report on the State of the…
A New Era in Legal Alliances: Cohen Vaughan’s Innovative Partnership Model
Introduction: A Game-Changing Legal Collaboration In a bold move that reflects evolving strategies within the legal industry, two law firms…
Hogan Lovells and Perkins Coie Reverse Course, Announce Special Bonuses for Associates
Hogan Lovells and Perkins Coie have announced market-rate special bonuses for their associates, reversing earlier decisions not to provide the…
Big Law’s Challenges and Opportunities in 2025
A Competitive Landscape Redefining Big Law As 2025 begins, the legal industry’s largest firms are navigating a rapidly evolving competitive…
Global Law Firms Embrace Strategic Mergers to Expand Reach
The legal world is witnessing an unprecedented surge in mergers between U.K. and U.S. law firms. Following the high-profile union…
Bonus Season Highlights Varying Approaches Among Law Firms
The much-anticipated bonus season is underway, with many law firms aligning their compensation structures to match market expectations. However, not…
E-Discovery Team Departs King & Spalding for Hilgers Graben
A prominent group of electronic discovery (e-discovery) lawyers from King & Spalding has joined Hilgers Graben, a rapidly growing litigation…
Wave of Departures at Weil, Gotshal & Manges Highlights Intense Talent Wars in BigLaw
Key Departures Shake Weil, Gotshal & Manges In a challenging week for Weil, Gotshal & Manges, three prominent practice leaders…