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The American Lawyer

Layoffs Are Spreading. After All, There's Only So Much Work to Go Around

A patchy corporate market has created a mismatch between staffing and demand levels at several law firms with broader client bases that stretch beyond the tech sector.
6 minute read

Daily Report Online

Hybrid Work Schedules May Be Here to Stay

"I don't know if the traditional five days will return in full. There may be some pushback. I do think people have adjusted to the three- to four-day (schedule)," said one legal recruiter.
6 minute read

Pro Mid Market

On Mental Health, Midsize Firms Trace Problems of Big Law

The causes of burnout, depression and addiction in midsize firms are similar to those in Big Law, the American Lawyer's survey of mental health in the legal profession found.
5 minute read

The American Lawyer

Cravath Has Made Sweeping Moves. Is It Enough?

A non-equity tier is a possibility for Cravath, said some industry observers, given what other firms in similar positions have done in recent years.
7 minute read

The Legal Intelligencer

Eckert Seamans Cuts Staff by 2%

The reductions are concentrated in the firm's Pittsburgh and Philadelphia office, according to a spokesperson.
2 minute read

The American Lawyer

With Tension Rising Inside Law Firms, Alternative Career Tracks Will Become Key

Several law firms have evolved by creating professional tracks that aim to strike a balance between work, life and efficiency.
5 minute read

Texas Lawyer

Non-Lawyer Ownership of Law Firms—Coming Soon?

The concern about the proliferation of non-lawyer ownership of law firms is not a theoretical one. The largest U.S. accounting firms already practice law in just about every country that allows it.
8 minute read

The American Lawyer

As Layoffs Loom, How Much Control Do Associates Have Over Low Billable Hours?

As law firms wait and see whether the economy picks up in the third quarter, associates at risk of layoffs are feeling the other side of the billable hour's wrath.
6 minute read

The American Lawyer

Why Is Big Law Growing When Demand Is Dropping?

Many firms are "relying on some natural attrition, and it's not coming along as fast as they'd like," Wells Fargo's Owen Burman said.
5 minute read

The American Lawyer

A Failure to Decentralize: A Messy 4 Months at Lewis Brisbois Has Roots in Belated Succession Planning

"Rarely does there seem to be a good time to introduce meaningful change," current Lewis Brisbois chairman Bob Smith acknowledged earlier this month. But the fallout from two recent large group exits suggests the firm paid the price for waiting.
12 minute read

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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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