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legal industry

Paul Hastings Welcomes Notable Skadden Lawyer Anna Rips as Partner

In a significant development for U.S. law firm Paul Hastings, the esteemed legal professional Anna Rips has recently joined its…

Embracing Change: Rise of Hybrid Partnerships in Law Firms

Law firms are transforming, with hybrid partnerships gaining momentum as an alternative to the traditional equity partner model. This shift…

Boutique Litigation Firm Sets Industry-Leading Bonuses for Associates

Wilkinson Stekloff Introduces Seniority-Based Bonuses Up to $201,250 In a bold move, Washington, D.C.-based litigation firm Wilkinson Stekloff has announced…

Legal Industry Trends: U.S. Law Firms Expand Office Spaces in 2023

In a recent report by brokerage firm Savills, it was revealed that a higher percentage of U.S. law firms opted…

Cravath, Swaine & Moore, non-equity partner, legal industry, talent reward, evolving dynamics

Innovating to Reward Outstanding Talent Cravath, Swaine & Moore, an esteemed US law firm renowned for setting industry pay standards,…

Stroock and Stroock and Lavan Partner Howard Lavin Joins Thompson Coburn Amidst Stroock’s Wind-Down

Longtime Stroock & Stroock & Lavan partner Howard Lavin is embarking on a new chapter in his legal career as…

Big Law Embracing Generative AI: Firms Seek Top Talent to Harness the Power of AI

In recent months, leading law firms, including Latham & Watkins and Linklaters, have been actively recruiting software developers, analysts, programmers,…

Changing of the Guard: Senior Leaders in Big Law Firms Announce Departures

In a surprising shift, senior leaders in Big Law firms, who defied retirement expectations during the pandemic, are announcing their…

Major U.S. Law Firms Unite Against Campus Antisemitism Amid Israel-Hamas Conflict

In a unified effort, more than two dozen prominent U.S. law firms have sent a compelling letter to the deans…

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.…

Baker McKenzie Reports Stable Revenues and Profits Amidst Industry Challenges

Global Law Firm Baker McKenzie Maintains Steady Financial Performance In a recent announcement, Baker McKenzie, a prominent global law firm…

U.S. Law Firm Stroock & Stroock & Lavan Votes to Dissolve Amid Lawyer Exodus and Merger Failures

In a significant development within the legal industry, venerable New York-based law firm Stroock & Stroock & Lavan has decided…