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The American Lawyer

Latest Big Law Mergers May Portend Stream of Upcoming Combos

Merger announcements this week by Crowell and Thompson Coburn may have "opened the door" for more deals, said one firm consultant.
5 minute read

The American Lawyer

Is It Time for the Legal Industry to Stop Following New York?

Most law is practiced outside the New York bubble, and it might be time to recognize what is good for New York isn't necessarily best for the rest of the legal community.
7 minute read

The American Lawyer

What Does the Partnership Announced by Willkie Farr and Longford Capital Mean for Big Law and Litigation Funding?

The litigation funder and Am Law 50 firm announced a $50 million funding agreement "to provide equity capital to fund attorneys' fees and litigation costs, and to monetize the value of meritorious legal claims for Willkie's clients" in business-to-business disputes.
5 minute read

National Law Journal

The NLJ 500: With Exceptions, Big Firms Weathered the Pandemic Best

Smaller NLJ 500 law firms struggled with inconsistent income and a talent war that commenced in the back half of 2020 and continues today.
9 minute read

The Legal Intelligencer

Centralized and Specialized: Fox Rothschild's Realignment Follows Growing Trend for Big Law Support Staff

Legal industry consultants have said the pandemic bore out what they've been telling law firms for years—that their support teams are overstaffed.
5 minute read

The American Lawyer

US Law Firms Use Huge Salaries to Lure Australian Associates to the States

Young Australian lawyers can earn two to three times more in New York or San Francisco.
4 minute read

The American Lawyer

Talent War Leads to More 'Boomerang' Associates and Hiring Mismatches

Law firms are seeing more hiring misfires, while some associates are quickly returning to their old firms.
5 minute read

The American Lawyer

As More Law Firms Match Salary Scale, Signing Bonuses Become Key Differentiator

The signing bonuses—targeting midlevel corporate associates—are happening behind the scenes and are one way firms can distinguish each other.
6 minute read

The American Lawyer

'When Will Clients Object?': Associate Raises Are Causing a Stir Across the Pond

Lawyers and market commentators across the U.K., Germany and France reflect on the impact of the associate pay war in their respective regions.
5 minute read

The American Lawyer

Matching Davis Polk Is a Short-Term Win in a Hot Market. But What Happens Next?

"Whether a firm chooses to match or not match will not only impact a firm's success in the associate hiring market, but it will also impact the lateral partner market," one legal recruiter said.
5 minute read

More from ALM

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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