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#biglaw

Prominent Law Firm Now Offering $150K Signing Bonus For Federal Clerks

Federal clerkships can lead to lucrative opportunities in Biglaw, with signing bonuses exceeding $150,000.

Good Luck Trying To Get A Remote Biglaw Job - See Also

The landscape of legal employment is shifting, with firms reconsidering remote work and recruitment strategies post-pandemic.

Biglaw Merger Alert: This Transatlantic Tie-Up Will Create A $2B Megafirm

The merger between Herbert Smith Freehills and Kramer Levin Naftalis & Frankel creates a significant transatlantic legal firm combining growth, strength, and international reach.

Biglaw Associates Are Billing Hours In Bulk, Hoping For Special Bonuses On Top Of Regular Bonuses

Associates in Biglaw express optimism for higher year-end bonuses in 2024 compared to previous years, despite a challenging economic climate.

More Biglaw Merger Mania As Am Law 100 Firm Looks To Expand In The Pacific Northwest

Ballard Spahr is merging with Lane Powell, significantly expanding their presence and revenue in the Pacific Northwest.

Top 10 Biglaw Firm Gets On Board With Year-End And Special Bonuses

Sidley Austin announces top-of-market bonuses for associates following strong financial performance.
Associates exceeding billable hour targets can earn significantly higher bonuses up to 50% more.
Partial bonuses may be granted to associates who do not meet the 2,000 hour threshold.

Prominent Law Firm Now Offering $150K Signing Bonus For Federal Clerks

Federal clerkships can lead to lucrative opportunities in Biglaw, with signing bonuses exceeding $150,000.

Good Luck Trying To Get A Remote Biglaw Job - See Also

The landscape of legal employment is shifting, with firms reconsidering remote work and recruitment strategies post-pandemic.

Biglaw Merger Alert: This Transatlantic Tie-Up Will Create A $2B Megafirm

The merger between Herbert Smith Freehills and Kramer Levin Naftalis & Frankel creates a significant transatlantic legal firm combining growth, strength, and international reach.

Biglaw Associates Are Billing Hours In Bulk, Hoping For Special Bonuses On Top Of Regular Bonuses

Associates in Biglaw express optimism for higher year-end bonuses in 2024 compared to previous years, despite a challenging economic climate.

More Biglaw Merger Mania As Am Law 100 Firm Looks To Expand In The Pacific Northwest

Ballard Spahr is merging with Lane Powell, significantly expanding their presence and revenue in the Pacific Northwest.

Top 10 Biglaw Firm Gets On Board With Year-End And Special Bonuses

Sidley Austin announces top-of-market bonuses for associates following strong financial performance.
Associates exceeding billable hour targets can earn significantly higher bonuses up to 50% more.
Partial bonuses may be granted to associates who do not meet the 2,000 hour threshold.
morebiglaw
#law-firms

The Law Firms We Lost In 2024

In 2024, the number of law firms with over 100 attorneys dissolving increased, signaling industry challenges.

How the world's 'most-feared' law firm uses flexible work policies to lure its attorneys to the office

Quinn Emanuel's redesign emphasizes a relaxed office vibe to enhance onsite work appeal amid a progressive 'work-from-anywhere' policy.

Firm Yet Again Hands Out Patently Huge Bonuses To Stay Ahead Of The Market

Irell & Manella utilizes competitive bonus structures to attract and retain top legal talent in high-stakes litigation.

Lathrop GPM will merge with Silicon Valley firm Oct. 1; 'why wait?' managing shareholder asks

Lathrop GPM is merging with Hopkins & Carley, enhancing its practice and expanding its reach significantly.

Future of Patent Practice: Balancing Big Firm Mergers and the Boutique Draw

Major legal mergers signal ongoing consolidation trend in the patent attorney market.

Biglaw Partners Are Making Bank, 'Very Satisfied' With Their Pay

Law firm partners are currently enjoying high satisfaction with their compensation, averaging around $2 million annually.

The Law Firms We Lost In 2024

In 2024, the number of law firms with over 100 attorneys dissolving increased, signaling industry challenges.

How the world's 'most-feared' law firm uses flexible work policies to lure its attorneys to the office

Quinn Emanuel's redesign emphasizes a relaxed office vibe to enhance onsite work appeal amid a progressive 'work-from-anywhere' policy.

Firm Yet Again Hands Out Patently Huge Bonuses To Stay Ahead Of The Market

Irell & Manella utilizes competitive bonus structures to attract and retain top legal talent in high-stakes litigation.

Lathrop GPM will merge with Silicon Valley firm Oct. 1; 'why wait?' managing shareholder asks

Lathrop GPM is merging with Hopkins & Carley, enhancing its practice and expanding its reach significantly.

Future of Patent Practice: Balancing Big Firm Mergers and the Boutique Draw

Major legal mergers signal ongoing consolidation trend in the patent attorney market.

Biglaw Partners Are Making Bank, 'Very Satisfied' With Their Pay

Law firm partners are currently enjoying high satisfaction with their compensation, averaging around $2 million annually.
morelaw-firms

Ringing In The New Year With A Major Biglaw Merger

The Troutman Pepper and Locke Lord merger marks a significant shift in the legal landscape, bringing together top firms to create a powerhouse.

Our favorite Instagram posts from 2024

The ABA Journal's Instagram captured significant and inspiring moments in the legal field throughout 2024.
#compensation

Everything's Bigger In Texas, Including The Law Firm Bonuses

McKool Smith matches Milbank's year-end bonuses and offers additional cash incentives for billable hours.
Associates can earn even more than Milbank's scale, enhancing overall compensation.

Biglaw Firm Bakes Blessings In For Bigger Bonuses

Baker Botts announced bonuses, matching the Milbank scale, reflecting strong financial performance in 2023.

Biglaw Firm Announces Exciting Special Bonus Match, With Market Bonuses To Come In March

Biglaw firms are enhancing winter bonuses for associates, with Choate Hall & Stewart announcing matching special bonuses and year-end incentives.

Everything's Bigger In Texas, Including The Law Firm Bonuses

McKool Smith matches Milbank's year-end bonuses and offers additional cash incentives for billable hours.
Associates can earn even more than Milbank's scale, enhancing overall compensation.

Biglaw Firm Bakes Blessings In For Bigger Bonuses

Baker Botts announced bonuses, matching the Milbank scale, reflecting strong financial performance in 2023.

Biglaw Firm Announces Exciting Special Bonus Match, With Market Bonuses To Come In March

Biglaw firms are enhancing winter bonuses for associates, with Choate Hall & Stewart announcing matching special bonuses and year-end incentives.
morecompensation

Biglaw Partners Are Entering Their 'Free Agency' Era

The rise of free agency among partners and clients is reshaping the legal industry's recruiting landscape.
#generative-ai

Data Privacy And Security With Gen AI Models

The primary privacy risk for companies today is the increasing use of artificial intelligence, particularly within the legal industry.

Generative AI At Work: Boosting e-Discovery Efficiency For Corporate Legal Teams

Generative AI enhances efficiencies in legal processes, particularly e-discovery, enabling teams to achieve more with fewer resources.

Latest Future Ready Lawyer Survey from Wolters Kluwer Finds Broad Adoption of Gen AI By Legal Professionals

Generative AI is increasingly adopted in legal professions, with significant weekly use reported by legal professionals.
Challenges like integration issues, trust in AI outcomes, and data privacy concerns still exist despite AI's growing presence.

NetDocuments Moves To Bring Generative AI To Content... Not The Other Way Around

The legal industry is shifting focus from generic AI applications to integrating AI within existing workflows for improved efficiency and user experience.

ChatGPT Exec Says AI Will Replace $2000/Hr Paralegals... Who Wants To Tell Her?

Generative AI offers potential in legal tasks but won't replace lawyers or high-end paralegals due to the economic structure of law firms.

Data Privacy And Security With Gen AI Models

The primary privacy risk for companies today is the increasing use of artificial intelligence, particularly within the legal industry.

Generative AI At Work: Boosting e-Discovery Efficiency For Corporate Legal Teams

Generative AI enhances efficiencies in legal processes, particularly e-discovery, enabling teams to achieve more with fewer resources.

Latest Future Ready Lawyer Survey from Wolters Kluwer Finds Broad Adoption of Gen AI By Legal Professionals

Generative AI is increasingly adopted in legal professions, with significant weekly use reported by legal professionals.
Challenges like integration issues, trust in AI outcomes, and data privacy concerns still exist despite AI's growing presence.

NetDocuments Moves To Bring Generative AI To Content... Not The Other Way Around

The legal industry is shifting focus from generic AI applications to integrating AI within existing workflows for improved efficiency and user experience.

ChatGPT Exec Says AI Will Replace $2000/Hr Paralegals... Who Wants To Tell Her?

Generative AI offers potential in legal tasks but won't replace lawyers or high-end paralegals due to the economic structure of law firms.
moregenerative-ai
#bonuses

More Than Market Matters! - See Also

Judicial conduct is under scrutiny due to serious allegations against a judge.
Boutique law firms are offering significantly higher bonuses than traditional firms.
Rising bonuses may indicate increasing workloads in the legal profession.

Associates At This Biglaw Firm Don't Have To Fish For Bonuses Anymore

Fish & Richardson offers significant bonuses to associates, matching market standards to reward high billable hours.

D.C.-Based Biglaw Firm Gets In On Associate Bonuses

Covington & Burling announced bonuses that conform to Milbank scale but require associates to meet hours benchmarks, unlike Milbank's no-requirements model.

Associates Miffed Over Special Bonuses That Aren't Very Special

Pillsbury Winthrop's announcement of year-end bonuses has led to discontent among associates feeling overlooked and unappreciated compared to rival firms' offerings.

More Than Market Matters! - See Also

Judicial conduct is under scrutiny due to serious allegations against a judge.
Boutique law firms are offering significantly higher bonuses than traditional firms.
Rising bonuses may indicate increasing workloads in the legal profession.

Associates At This Biglaw Firm Don't Have To Fish For Bonuses Anymore

Fish & Richardson offers significant bonuses to associates, matching market standards to reward high billable hours.

D.C.-Based Biglaw Firm Gets In On Associate Bonuses

Covington & Burling announced bonuses that conform to Milbank scale but require associates to meet hours benchmarks, unlike Milbank's no-requirements model.

Associates Miffed Over Special Bonuses That Aren't Very Special

Pillsbury Winthrop's announcement of year-end bonuses has led to discontent among associates feeling overlooked and unappreciated compared to rival firms' offerings.
morebonuses

Morning Docket: 12.13.24

Many law firms below a billion in revenue are attractive targets for potential mergers.
Truth as a defense has been successfully upheld in a recent misconduct case against a lawyer.
#professional-development

Million Dollar Bonuses To Associates?! - See Also

Boies Schiller's compensation model challenges traditional legal payment structures.

'Professional development strategy' is reason for delayed start date for associates, midsize firm says

Midsize firm Bass, Berry & Sims is delaying associates' start date to enhance junior experience as part of a professional development strategy.

Million Dollar Bonuses To Associates?! - See Also

Boies Schiller's compensation model challenges traditional legal payment structures.

'Professional development strategy' is reason for delayed start date for associates, midsize firm says

Midsize firm Bass, Berry & Sims is delaying associates' start date to enhance junior experience as part of a professional development strategy.
moreprofessional-development
#law-firm-financials

Law firms had 'very strong performance' financially at 9-month point, new report says

Law firm revenue grew 12.8% in the first nine months of 2024 due to higher billing rates, showing strong industry performance.

Morning Docket: 12.05.24

The YSL trial proved to be irrelevant, reinforcing existing skepticism on legal procedures.
A nationwide injunction on anti-money laundering laws raises significant regulatory concerns.
Law firms are strategically recovering equity in changing market conditions.
Biden's presidency has beneficially impacted the financial state of law firms.

Law firms had 'very strong performance' financially at 9-month point, new report says

Law firm revenue grew 12.8% in the first nine months of 2024 due to higher billing rates, showing strong industry performance.

Morning Docket: 12.05.24

The YSL trial proved to be irrelevant, reinforcing existing skepticism on legal procedures.
A nationwide injunction on anti-money laundering laws raises significant regulatory concerns.
Law firms are strategically recovering equity in changing market conditions.
Biden's presidency has beneficially impacted the financial state of law firms.
morelaw-firm-financials
#mergers-and-acquisitions

Biglaw's 2025 Outlook Is So Bright Partners Need To Wear Shades

The legal industry anticipates a strong performance in 2025 due to declining interest rates and improving market conditions.

Developments In Equity Partnerships! - See Also

Mergers in legal firms lead to all-equity partnerships and significant shifts in the industry.

Biglaw's 2025 Outlook Is So Bright Partners Need To Wear Shades

The legal industry anticipates a strong performance in 2025 due to declining interest rates and improving market conditions.

Developments In Equity Partnerships! - See Also

Mergers in legal firms lead to all-equity partnerships and significant shifts in the industry.
moremergers-and-acquisitions

This Boutique Law Firm's Bonuses Are A Real Knockout For Associates

Boutique law firms are matching large firms' year-end bonuses, showcasing their competitive financial strength.

AI Presents Both Opportunities And Risks For Lawyers. Are You Prepared?

Artificial intelligence's influence on the legal industry is significant, necessitating updated resources and training for legal professionals.

Biglaw Associates Still Want Flexibility, Remote Work Options

The legal industry is adapting to a hybrid work model due to associates' preferences and competition from firms allowing remote work options.

Top 10 Biglaw Firm Shows Thanks For Associates (By Giving Them Bonuses!)

Gibson Dunn matches the market rate with year-end and special bonuses for associates.

Entrepreneurial Law Firms The Key To Legal Career Happiness

Entrepreneurial law firms offer flexibility and innovative compensation structures that align better with long-term career goals and personal fulfillment for lawyers.

Lawyers, Take Note: Microsoft Offers Current Advice On Cybersecurity

Lawyers should adopt strong passwords and use password managers, as Microsoft advises against the traditional practice of password expiration.

Vinson & Elkins Opens Its Doors In Denver, Hoping To Cash In On Corporate Clients

Vinson & Elkins opens a new office in Denver to capitalize on strategic business opportunities in the Mountain West region.

Lockstep Revamp Means Big Money! - See Also

Clifford Chance is expanding in the U.S. with new offices to strengthen its market position.

Partners In This Practice Area Are Doing Exceptionally Well

The average partner compensation increased significantly, with a notable 44.35% rise in intellectual property practice area.
Intellectual property partners now average $1.66 million in compensation, marking a dramatic increase since the last survey.

Infuriating Story Of The Bullsh*t Working Parents Have To Deal With In The Legal Industry

The legal industry often prioritizes competitiveness over empathy, especially affecting working mothers.

Morning Docket: 10.22.24

Trump's behavior exemplifies systemic defamation, as depicted by the Central Park 5's experience.

General Counsel Can't Believe The Rate Hikes They're Seeing From Biglaw Firms

Legal rate hikes are inconsistent, with some firms raising rates over 30% and others proposing no increase at all.

Top Biglaw Firm Names Its First Black Firmwide Managing Partner

Gerry Williams is the first Black firmwide managing partner at DLA Piper, reflecting the firm's commitment to diversity in leadership.

Am Law 100 Firm's Founder Retires Early, Leaving Biglaw Behind

Lewis Brisbois faces significant leadership changes as founder Bob Lewis and two family members depart shortly after major losses in attorney personnel.

Ranking The Law Firms Lawyers Love

The legal industry demonstrates adaptability amid economic challenges, with specific motivations driving lateral moves among attorneys.

Two More Biglaw Firms Announce Their Intent To Combine In 2025

Law firm mergers are at an all-time high with significant unions taking place this month, including Womble Bond Dickinson and Lewis Roca.

Inside America's wildest - and most lucrative - lawsuits

Mass torts significantly improve public health while providing financial benefits for lawyers.
The Mass Torts Made Perfect conference is key in shaping and expanding mass tort litigation.

Biglaw Firms Poised To Have An Incredibly Strong Financial Year

Strong performance anticipated for law firms in 2024, fueled by demand, productivity, and revenue growth.

The More Revenue A Law Firm Has, The More They Can Increase Billing Rates

In Q1 2024, average standard billing rates for legal firms saw a year-over-year increase.
from Above the Law
4 months ago

Kamala Harris's (Not So Secret) Weapon? Paul Weiss.

Biglaw firm Paul Weiss heavily supports Kamala Harris in the 2024 election, with significant donations and endorsements.

Biglaw Professionals: We Want To Know About Your Dream Job

Proficient recruitment by Lateral Link in legal industry. Survey for career path insights.

Welcome To The Job Market Graduates! It Might Suck.

Future job prospects for law school graduates may not be as promising as they were for recent graduates.

State Judges *Really* Need To Be Paid More

State judges are being vastly underpaid compared to their responsibilities.

3 Plead Guilty To Law School Embezzlement Scheme

Law school employees guilty of $1.3M fraud scheme, exploiting their positions for personal gain.
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