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biglaw

Steptoe Launches Innovative Compensation Model for Associates

Steptoe LLP, a prominent BigLaw firm, is set to implement a new, flexible compensation system in 2025 that offers associates…

Law Firms Recover Transactional Work Amid Market Volatility

After years of struggling with sluggish transactional work, law firms have finally seen a resurgence in this crucial area, just…

The Debate Over Summer Associate Work Hours

Introduction In the legal industry, a recent discussion has sparked controversy regarding the expectations placed on summer associates. The question…

Former Biglaw Tax Partner Sentenced for Tax Scheme

Ulf Johannemann, formerly the Global Head of Tax at the prestigious Biglaw firm Freshfields, has been handed a three 1/2-year…

Associate Layoffs Hit K&L Gates Amidst BigLaw’s Compensation Buzz

Amid widespread news about hefty salary hikes and generous bonuses across BigLaw, it's crucial to recognize that not every major…

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.…

The Growing Trend of “Precruiting” in BigLaw Firms: Early Summer Associate Hiring on the Rise

In recent years, BigLaw firms have been revolutionizing their recruitment strategies by embracing a practice known as "precruiting." This trend…

Rachel Proffitt Named CEO of Cooley, Leading the Charge for Women in Biglaw

In a groundbreaking development, Cooley, one of the nation's premier law firms, has appointed Rachel Proffitt as its next Chief…

Shift in Legal Landscape: Midsize Law Firms Gain Ground, Challenging Biglaw Dominance

Midsize law firms are making significant strides in the legal industry, positioning themselves favorably in comparison to their larger counterparts,…

Majority of Women Lawyers in BigLaw Would NOT Recommend Legal Careers to Their Daughters

According to a recent survey conducted by legal intelligence provider Leopard Solutions, work-life balance remains a significant issue for women…

BigLaw Firm Attributes Associate Job Cuts to Performance Evaluations

Ropes & Gray, a leading global law firm, has recently stated that any job cuts made at the firm result…