legal industry trends

BigLaw Firms Step Up: PaulWeissCleary Gottlieb, Fried Frank, and Weil Match Milbank Bonuses

In a highly competitive year for talent retention and recognition, four prestigious BigLaw firms—Paul Weiss Rifkind Wharton & Garrison LLP,…

Milbank LLP has set an impressive tone in the legal industry by becoming the first major Biglaw firm to announce…

Major Shift in Firm Structure Cleary Gottlieb Steen & Hamilton, a prominent U.S. law firm, has introduced a new category…

As generative artificial intelligence (Gen AI) continues to evolve, in-house legal departments are gearing up to reduce their reliance on…

Rising Focus on Secondary Markets A growing trend among regional law firms is to pursue growth through mergers in mid-sized…

The U.S. legal services sector added 1,600 jobs in September, a much-needed recovery after experiencing steady job losses since the…

In 2023, new law school graduates entered the job market with unprecedented success. According to the National Association for Law…

Polsinelli, a prominent U.S. law firm, announced on Tuesday the opening of a new office in Philadelphia. This expansion involves…

Top Wall Street lawyers are in such high demand that bidding wars for their services are becoming commonplace, resembling the…

The legal industry has observed a modest increase in the number of law firm mergers in the first half of…

Significant Shift in Satisfaction In a notable shift from the sentiments immediately following the COVID-19 pandemic, a majority of legal…

As generative AI technology continues to revolutionize the legal profession, prominent law firms like K&L Gates, Dechert, and Orrick Herrington…