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August 28, 2023 | The American Lawyer

Partners Are Frustrated With 'Zoom Associates.' But Will Threatening Their Bonuses Change That?

Consultants and partners have bluntly described some younger associates as "lacking accountability and initiative." But surveys suggest younger lawyers and aspiring lawyers are more varied in their motivations than earlier generations.
6 minute read
August 25, 2023 | The American Lawyer

Mayer Brown Looks to Reignite Debtor's Practice After Largest Company-Side Restructuring in Firm History

Lawyers representing GWG Holdings contended with a board that quit mid-bankruptcy and 27,000 secured creditors, including many who alleged fraud or sued the company.
6 minute read
August 14, 2023 | The American Lawyer

Choate Hall & Stewart Cuts 5% of Workforce, Citing Slow Demand

"The reduction is not a reflection on any of these individuals. It is the result of work levels, not performance," Choate's managing partners wrote in a Thursday memo.
3 minute read
August 14, 2023 | Law.com

Why Some Law Firms Are Conducting 'Stay Interviews' With Associates: The Morning Minute

The news and analysis you need to start your day.
4 minute read
August 10, 2023 | The American Lawyer

Big Law Associate Deferrals 'Bleed Into East Coast'

"The largest driver of cost savings would stem from a reduction in the size of a firm's new associate class," Decipher's Greg Hamman said.
5 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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August 10, 2023 | The Recorder

West Coast Big Law Associate Deferrals 'Bleed Into East Coast'

"The largest driver of cost savings would stem from a reduction in the size of a firm's new associate class," Decipher's Greg Hamman said.
5 minute read
August 07, 2023 | The American Lawyer

Deal Watch: Latham, Goodwin, Covington Steer Life Sciences Deals. And Is It Time for an M&A Rebound?

Near-record highs of private equity dry powder and corporate cash reserves are paired with high interest rates and other factors. Which will win out?
10 minute read
August 07, 2023 | The Legal Intelligencer

Dechert to Let Current Summers Defer Start Date to Fall 2025

Up to 20 associates can chose to "explore, study, travel or experience another opportunity."
2 minute read
August 07, 2023 | The American Lawyer

Countercyclical Work Elevates Most of Legal Industry in Q2

Overall demand at midsize firms was up 3.7%, while Am Law 100 (0.3%) and Second Hundred (0.2%) firms are still below 1%.
4 minute read
August 04, 2023 | The American Lawyer

Layoff Season Winds Down as Law Firms Firms Prepare for Demand Uptick

Cuts at Katten Muchin Rosenman and Armstrong Teasdale don't reflect rebounding demand for transactional attorneys, recruiters said.
3 minute read

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