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Biglaw

BigLaw Firms Step Up: PaulWeissCleary Gottlieb, Fried Frank, and Weil Match Milbank Bonuses

In a highly competitive year for talent retention and recognition, four prestigious BigLaw firms—Paul Weiss Rifkind Wharton & Garrison LLP,…

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…

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…

Goodwin Procter’s ADHD Support Initiative

Goodwin Procter, a global law firm with over 1,800 lawyers, is pioneering initiatives to support its attorneys who have ADHD,…

A&O Shearman Merger: Big Law’s New Player

The recent merger of London-based Allen & Overy and New York's Shearman & Sterling has birthed A&O Shearman, the world's…

Survey Reveals High Burnout Risk Among BigLaw Associates

In a recent survey conducted by mental health solutions provider Unmind, alarming findings shed light on the well-being challenges faced…

The Future of Full BigLaw Associate Bonuses: New Requirements and Expectations

Large law firms are poised to maintain their annual associate bonuses, which have ranged from $20,000 to $115,000 since 2021.…

Cheche Group’s Landmark U.S. Listing Under VIE Structure

A Watershed Moment in Overseas Listings Cheche Group has achieved a remarkable feat as it becomes the pioneering company to…

Plaintiffs’ Law Firms Accused of Unlawful Telemarketing Tactics in Camp Lejeune Lawsuits

In a surprising turn of events, several major plaintiffs' law firms, which have been actively suing the U.S. government over…

Biglaw Firms Explore Effective Work Models Amidst Remote Flexibility

As Biglaw firms across the country adjust their office attendance policies, an interesting shift is taking place in the legal…

Challenges Persist for US Law Firms as Productivity and Demand Decline

A recent report from a Wells Fargo division unveiled a troubling scenario for US law firms, detailing persistent financial challenges…

Controversy Erupts Over Firm Ownership as ABA Innovation Leadership Transitions

The American Bar Association's (ABA) Center for Innovation has witnessed a change in leadership, with notable implications for the ongoing…