Tag: LawFirmManagement
Big Law Profit Plunge Looks Like Precursor to Another Good Year
Law Firm ManagementOne question I’ve asked lawyers is whether Big Law’s outstanding financial performance in 2021 was a historical anomaly or the result of a secular shift that bolstered
The U.S. Cities Where Biglaw Associates are The Most Satisfied (2022)
Law Firm ManagementHere at Above the Law, we’ve spent the past week or two discussing what makes Biglaw associates satisfied with their jobs. From their compensation to their firm’s commitment to
Elite Biglaw Firm Gently Reminds Associates to Get Back to the Office After Remote August
Law Firm ManagementThe dog days of summer are here, and for those who are working at Biglaw firms that adopted a “remote August” plan, the clock is ticking on their full-time work-from-home
Layoffs Instead Of Special Bonuses? Biglaw Firms Strike Fear of Unemployment into Associates Hearts
Law Firm ManagementEarlier this week, we provided special coverage of what we believe was the first firm to hand out special bonuses to associates this summer. Littler, an Am Law 100 firm, handed out
The Biglaw Firms Where Women are Most Satisfied With Their Jobs (2022)
Law Firm ManagementWhat does it take to cultivate job satisfaction at a law firm? In a new report from BTI Consulting, associates pointed out exactly what they wanted from and valued in their work lives,
Biglaw Firm Announces Summer Special Bonuses
Law Firm ManagementFolks sure are worried about the economy, given that we’re in a technical recession right now. But in the wonderful world of Biglaw, the money still seems to be flowing quite freely,
Biglaw Firms Brace for Possible Recession
Law Firm ManagementFor those working in Biglaw, there was nothing “great” about the Great Recession. Thousands of associates were laid off, incoming associates had their employment deferred, and law students
Corporate Landlords are Taking Over NYC—The Numbers Don’t Lie
Law Firm ManagementThis month, New York City’s Rent Guidelines Board is expected to greenlight the biggest rent increase in a decade, the latest piece of bad news for tenants facing a record housing
Corporate Ladder: Your Weekly Guide to Executive Appointments
Law Firm ManagementThe Adelaide Economic Development Agency has appointed former Merrill Lynch and Barclays Capital executive Tim Last to its board. Last is currently Partner/Director at Adelaide
A Blueprint for Navigating Corporate Environments Lands At the Right Time
Law Firm ManagementIf you’ve already reached the pinnacle of your professional aspirations, congratulations – you are in rare company. If you are like the rest of us, then you are continually trying to grow and
Last Year Was Great and All, But Biglaw’s Second Hundred Better Not Get Used to It
Law Firm ManagementThe Biglaw ranking-fest that is the Am Law 200 is out today. While the top 100 firms were previously released, today’s spotlight is on the second hundred firms that is, those ranked 101 to 200
Destination Miami: Big Law Follows the Money to South Florida
Law Firm ManagementMiami is Big Law’s latest go-to destination as the city looks to reshape itself and firms follow clients making their way south. Kirkland & Ellis, the world’s largest law firm, and Winston
What’s Hot in Corporate Renewable Energy Procurement
Law Firm ManagementFrom a global pandemic to extreme weather events, supply shortages and a global energy crisis, it’s been a wild couple of years. The uncertainty and instability has bred innovation among
Big Law Is Bullish on SPACs Even as Large Banks Pull Out
Law Firm ManagementProposed US rules causing banks to sour on SPACs are having the opposite effect on Big Law firms that see an uptick in inquiries about special purpose acquisition companies. Lawyers
Breaking Up with Biglaw
Law Firm ManagementI used to look out at the Hudson from the window of my beautiful office at a Biglaw firm in Manhattan and pinch myself, not believing that I had made it. As a young associate, I had a passion
Top Biglaw Firm Finally Matches Cravath, Announces Its 2022 Bonus Scale
Law Firm ManagementThis may sound hard to believe, but some Biglaw firms are still matching Cravath. We’re not talking about Am Law 200 firms here; we’re talking about worldwide heavy hitters ranked near the
Female Representation In Biglaw Partnerships — A Long Way to Go
Law Firm ManagementDisproportionate attrition of female attorneys in Biglaw is hardly a new problem. As a 2019 ABA and ALM report on the issue noted, entering associate classes have been comprised of
Biglaw Business is Booming Obviously, It’s Time to Talk About Layoffs
Law Firm ManagementThe Am Law 100 was recently announced, ranking the top Biglaw firms by 2021 gross revenue. And it was a banger year in Biglaw. Every single Am Law 100 firm saw and increase in revenue
Big Law’s Brass Ring Remains Elusive, Even as Firms Rake in Cash
Law Firm ManagementIn November, I wrote that Big Law firms could use the surging value of their equity shares to check off one of their most pressing tasks: retaining talent. All they’d have to do is hand out
Top Biglaw Firm Returns to the Office with Mandatory Tuesday-Thursday Attendance
Law Firm ManagementDavis Polk announced its new return to office policy late last week. As the whole Biglaw world waits to see which reopening plan becomes the new normal, DPW adopted an approach that
