Milbank LLP has set an impressive tone in the legal industry by becoming the first major Biglaw firm to announce year-end bonuses...
Major Shift in Firm Structure Cleary Gottlieb Steen & Hamilton, a prominent U.S. law firm, has introduced a new category of non-equity...
As generative artificial intelligence (Gen AI) continues to evolve, in-house legal departments are gearing up to reduce their reliance on outside law...
Rising Focus on Secondary Markets A growing trend among regional law firms is to pursue growth through mergers in mid-sized markets rather...
The U.S. legal services sector added 1,600 jobs in September, a much-needed recovery after experiencing steady job losses since the spring. According...
In 2023, new law school graduates entered the job market with unprecedented success. According to the National Association for Law Placement (NALP),...
Polsinelli, a prominent U.S. law firm, announced on Tuesday the opening of a new office in Philadelphia. This expansion involves the addition...
Top Wall Street lawyers are in such high demand that bidding wars for their services are becoming commonplace, resembling the frenzy in...
The legal industry has observed a modest increase in the number of law firm mergers in the first half of 2024. According...
Significant Shift in Satisfaction In a notable shift from the sentiments immediately following the COVID-19 pandemic, a majority of legal professionals now...
As generative AI technology continues to revolutionize the legal profession, prominent law firms like K&L Gates, Dechert, and Orrick Herrington & Sutcliffe...
Legal Talent Shift: Rory Leraris Joins Davis Polk from Cravath In a notable development within the legal sector, Davis, Polk & Wardwell,...