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Industry trends

Kirkland & Ellis Surpasses $7 Billion Revenue Mark, Yet Attention Shifts to Alternative Metrics

Kirkland & Ellis, the leading law firm in the nation, has achieved a significant financial milestone by surpassing $7 billion…

Big Four Firms Reevaluate Workloads Amid Staff Cutbacks

In recent months, the Big Four accounting firms have intensified their efforts to trim costs, with a new focus on…

Fenwick & West Announces Workforce Reduction Amidst Tech Market Challenges

Fenwick & West, a prominent Silicon Valley firm renowned for its focus on technology, has announced a significant reduction in…

Latham & Watkins Unveils Enhanced Associate Salary Scale, Elevating Compensation in 2024

No. 2 Biglaw Firm in America Adopts Cravath Scale for Salary Increases In a move that amplifies the holiday cheer…

Private Equity and Venture Capital: Navigating Challenges and Opportunities in 2024

The past 18 months have presented significant challenges for private equity (PE) and venture capital (VC) funds and their portfolio…

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.…