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No Opportunity Wasted: Even as Lateral Hiring Cratered in 2020, Some Stayed Busy
The lateral market dried up when the pandemic hit, falling 30% compared with 2019. But recruiters and opportunistic firms were as busy as ever by year's end.
FisherBroyles Says 2020 Revenue Hit $113M
It's likely the first "distributed" firm to crack the nine-figure mark. The firm's leaders are hopeful that the 14% increase puts the firm in the range of revenue of the Am Law 200 ranking.
Adjusting the COVID-19 Response: How Law Firms Are Altering Austerity Measures
Some firms are restoring pay after reducing salaries earlier in the year, while others make additional cuts.
System Update: The Pandemic Is Pushing Firms to Change Partner Comp Plans
Law firms were already feeling pressure to rethink their approach to partner compensation, but the current crisis has forced them to reach deeper into the toolbox for solutions.
Opportunity in Crisis: These Firms Seized on an Unusual Lateral Hiring Market in 2020
Some firms have been able to act strategically amid a pandemic and economic downturn, increasing the number and, in some cases the quality, of their lateral partners.
'The Best You Could Do': Summer Associates Rate Their Unusual, COVID-Influenced Experiences
This year's summer associate class got a strange—but worthwhile—taste of life in Big Law. In our annual Summer Associates Survey, they discussed the atypical experience, full of delivered food, virtual happy hours—and a decline in work.
As Mansfield-Certified Firms Hit 100, Diversity Lab Announces New Midsize Firm Program
The new midsize program, piloted by 20 firms with under 100 attorneys, has different requirements to account for the smaller size and fewer resources of these firms.
At Working Mother's Top Firms for Women, Female Equity Partner Gains Were Slight
Flexible work schedules were prominent among the winners: 39% of the female lawyers at these firms worked remotely in some capacity in 2019.
Reed Smith Cuts 19 Lawyers and Staff in London
The law firm is the latest to cut roles in the UK amid the effects of the pandemic, joining Dorsey & Whitney and Norton Rose Fulbright.
Already Out of the Office, Talent Flocks to Distributed Firms
Distributed, or virtual, firms are attracting Am Law 100 talent as the model is an increasingly compelling draw for attorneys who are now questioning the value of paying for a traditional firm's overhead.TRENDING STORIES
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