Large Firm

55 lawyers among 5% of global workforce being laid off at this BigLaw firm

Dechert laid off 55 lawyers and 43 business professionals Tuesday, as the law firm began implementing cuts to “align our staffing levels with demand.”

May 10, 2023 9:33 AM CDT

BigLaw is losing its appeal, new survey of Gen Z lawyers and law students says

In the long term, a majority of Generation Z attorneys and law students plan on eschewing a traditional BigLaw career path for in-house, government or nonprofit work, according to a new survey by legal recruiting firm Major, Lindsey & Africa released Wednesday, and they value work-life balance and flexibility in the workplace.

May 10, 2023 8:35 AM CDT

Only 58% of women lawyers in BigLaw would recommend legal careers for their daughters, survey says

Work-life balance is still an issue for women lawyers working in BigLaw, according to a survey of nearly 200 women attorneys by legal intelligence provider Leopard Solutions.

May 9, 2023 11:21 AM CDT

Judge chastises BigLaw lawyers for making demands after opposing counsel seeks delay for newborn

Updated: A federal judge in New York City has chastised lawyers for Proskauer Rose for demanding five concessions from the opposing counsel in a job-bias case before granting his request for a pushed-back deadline because of the birth of his child.

May 9, 2023 8:50 AM CDT

How are BigLaw firms faring in first quarter? Billable hours are at 15-year low

Demand for legal services is down slightly, while lawyer head count is increasing—a combination that is resulting in a decline in average billable hours, according to a survey of BigLaw firms by Wells Fargo’s Legal Specialty Group.

May 4, 2023 12:02 PM CDT

BigLaw partner calls solicitor general’s brief ‘a hot mess’ in SCOTUS filing; was it unseemly?

Twitter critics were quick to scold a partner at Paul, Weiss, Rifkind, Wharton & Garrison after he called a brief by U.S. Solicitor General Elizabeth Prelogar “a hot mess” in a U.S. Supreme Court filing.

May 4, 2023 10:02 AM CDT

More than 110 lawyers leave this BigLaw firm to join new shop

More than 110 lawyers are leaving Lewis Brisbois Bisgaard & Smith to join a new law firm founded by two of its longtime lawyers.

May 2, 2023 3:03 PM CDT

What some BigLaw firms are doing that makes them look more profitable

Ninety-eight of the nation’s top 100 law firms had 44 fewer partners last year than in 2021, continuing a long-term trend of firms “pulling up the ladder,” according to an analysis by Bloomberg Law.

Apr 27, 2023 12:37 PM CDT

Some BigLaw firms decline to pay for Twitter check marks, while SCOTUSblog takes a stand

Out of 17 top law firms that had free blue check marks from Twitter, only three have apparently paid to keep them, according to a review by Reuters.

Apr 26, 2023 11:22 AM CDT

BigLaw CEO bought property partly owned by Gorsuch, who didn’t disclose the buyer

Greenberg Traurig CEO Brian Duffy contracted to buy a property partly owned by Justice Neil Gorsuch nine days after the former appeals judge's confirmation to the U.S. Supreme Court.

Apr 25, 2023 2:47 PM CDT

Grit and growth mindset boosts work of teams, new ABA report finds

Can teams operate in a gritty and growth mindset-oriented way, and if so, does that make them more successful?

Apr 24, 2023 4:07 PM CDT

Which firms snagged top spots for gross revenue, profits per lawyer and equity partner?

Fifty law firms had gross revenue of $1 billion or more in 2022, including 18 firms with more than $2 billion in gross revenue, according to the latest rankings published by Law.com.

Apr 20, 2023 1:25 PM CDT

BigLaw partner agrees to pay more than $7.2M to settle allegations of unpaid taxes

A Williams & Connolly partner has agreed to pay more than $7.2 million to settle the federal government’s civil suit for unpaid federal income taxes. Lawyer Robert Shaughnessy and Susan Shaughnessy, identified as a person living in his home, agreed to pay that amount in a joint motion for consent…

Apr 18, 2023 10:45 AM CDT

Baker & Hostetler partner ‘spoke words but did not provide answers’ in deposition, special master says

A special master has ordered a Baker & Hostetler partner to sit for a second deposition after finding that he was “an extraordinarily difficult and evasive witness” during the first round of questioning.

Apr 17, 2023 3:07 PM CDT

BigLaw firm confirms more layoffs in business services

Shearman & Sterling is laying off additional employees after an earlier round of cuts in February.

Apr 13, 2023 10:59 AM CDT