Law Firm Management | News

Top Performers 'Likely' to Raise Associate Pay After Milbank's Move, but Broad Hesitancy Lingers

By Andrew Maloney | Jessie Yount

The market hesitation was underscored by the lack of immediate, similar moves. Some firms were still waiting on other market leaders to move, sources said. Read More

Law Firm Competition | News

Cravath Adds Non-Equity Tier as Big Law Makes Structural Changes for Competitive Pay

By Justin Henry | Patrick Smith

Cravath has been approaching counsel-level attorneys about joining its non-equity tier since at least last summer, according to one Am Law 50 firm leader. Read More

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Law Firm Hiring | News

Many Large and Midsize Law Firms Are Recovering. Others Are in 'No-Man's Land'

By Andrew Maloney

There's been a "bifurcated" recovery among the Am Law 200, but all segments have cut their first-year associate classes, according to the latest Law Firm Financial Index report. Read More

Law Firm Associates | Analysis

Litigators Are 'Scrambling' to Staff Cases, Battling Rate, Revenue and Quality Challenges

By Jessie Yount

Associate staffing shortages are creating acute frustrations among litigation partners, but it may be an uphill battle to find and hire the right associates to dissolve the tensions. Read More

Law Firm Client Relationships

Momentum in Big Law: Who Has It, Why and What They Do to Keep It

By Patrick Smith

Leaders of Paul Weiss, Davis Polk and Paul Hastings weigh in on how they keep their firms going in the right direction. There are common threads. Read More

Law Firm Bankruptcy and Dissolution | News

'Everyone Was in the Dark': For Stroock Staff, No Communication, No Jobs

By Patrick Smith

"Partners were not coming into the office much over the summer, and when they did, they didn't want to deal with questions," one former staffer said. Read More

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Judges

Why Jury Consultants May Not Be Worth It and Other Tips from Judges

By Avalon Zoppo

"Being able to read people should be in [a lawyer's] wheelhouse already," Judge Marsha Pechman said in questioning the need for jury consultants. Read More

Law Firm Management | Analysis

It's Hoteling, Not Moteling

By Anthony Davies

Hoteling has a negative connotation in the legal industry as little has been done to make the experience reliable and something to look forward to. The fact is, hoteling has worked very well in other industries for many years, and lessons learned here can help law firms. Read More