Biglaw’s 2024 Revenue Boom: A Deep Dive into Wells Fargo’s Latest Legal Industry Survey
The Wells Fargo Legal Specialty Group’s nine-month 2024 survey paints a bright picture for Biglaw, showcasing exceptional growth fueled by…
Cravath and Paul Hastings Lead Biglaw Bonus Season with Competitive 2024 Announcements
As the end of the year approaches, Cravath and Paul Hastings have set the tone for Biglaw bonus season by…
California Considers Expunging Attorney Discipline Records After Eight Years
California attorneys who have faced professional disciplinary action may soon have the chance for a public clean slate. The State…
Women Transforming the Legal Landscape
In 1970, women accounted for a mere 9% of law school students. Fast forward to 2023, and the demographic landscape…
American Bar Association Introduces Pilot Program for Test-Optional Law School Admissions
In a transformative move, the American Bar Association (ABA) has opened a pathway allowing law schools to experiment with test-optional…
Milbank Takes the Lead on 2024 Year-End Bonuses for Associates
Milbank LLP has set an impressive tone in the legal industry by becoming the first major Biglaw firm to announce…
Law Firms Report Strong Third-Quarter Profits in 2024: A Closer Look at the Key Factors Driving Success
Law firms across the United States are experiencing near-record profits, with an 11.2% increase in earnings in the third quarter…
ABA Stands Firm on Diversity Standards Amid Legal Education Debate
The American Bar Association (ABA) is working to retain references to “race and ethnicity” in its diversity standards for law…
Law Firms Reassess Partner Compensation Amid Changing Dynamics
In recent times, law firms are increasingly making adjustments to partner compensation due to factors such as decreased productivity and…
Employment Disparities Persist for Minority Law Graduates Despite Strong Job Market in 2023
A robust job market for new law graduates in 2023 failed to close long-standing racial and ethnic employment disparities, according…
Conservative Supreme Court’s Use of History Complicates Legal Landscape
The conservative majority in the US Supreme Court has increasingly relied on history and tradition to resolve major constitutional debates.…
Former Federal Prosecutor Joins Prominent Law Firm
Stephen Frank Joins Quinn Emanuel Urquhart & Sullivan Stephen Frank, a former federal prosecutor who played a key role in…