The American Lawyer reports that the legal industry added nearly 5,000 jobs last month, marking the sixth straight month of job gains for the legal sector, according to recent data released by the Bureau of Labor Statistics. Though law firms have continued announcing job cuts, the...
Law360 released its seventh annual Glass Ceiling Report, which surveyed 300 law firms on gender diversity and ranked firms based on the percentage of female equity partners in the United States. According to the report, women make up 40% of all attorneys and 25% of...
The American Lawyer released its annual Global 100 report, a ranking of the world’s 100 largest law firms by gross revenue, profits per partner, and total attorney headcount. Overall, gross revenue grew by 4.7 percent to $119.6 billion, and profits per equity partner increased, on average, by 0.4...
The American Lawyer reports that recent data released by Working Mother Media reveals that the legal industry is showing promising growth when it comes to gender equity among big law firms. Now in its 13th year, the annual Working Mother “Best Law Firms for Women” ranking highlights the top 60...
The American Lawyer released its annual A-List rankings of the top 20 “most well-rounded” law firms in the United States. According to the report, law firms are ranked based on a combination of financial and cultural factors including revenue per lawyer, pro bono commitment, racial diversity, associate satisfaction and...
The American Lawyer released a recent report, conducted by LexisNexis’ legal pricing data service, CounselLink, which revealed that large law firms continue to dominate high-rate work and firm discounting is on the rise as clients reexamine their relationships during the pandemic in 2020. Now in its seventh year,...
The American Lawyer recently published results from its annual Am Law 200 report, noting that for the first time in years the second hundred largest grossing law firms matched the growth of the top one hundred in nearly every key financial metric. Overall, the Second Hundred increased gross revenue...
The American Lawyer released their 33rd annual Am Law 100 report, which includes data and rankings for the nation’s 100 highest grossing law firms. Overall, gross revenue grew by 5 percent in 2019, coming in at a record breaking $104 billion. Additionally, net income increased by 4...
In a recent article, “The Rise of the Non-Equity Partner: Short Term Gain for Long Term Pain?,” James Willer, writing for Law.com, reports on the rise of non-equity partnership in today’s lateral market. According to ALM Intelligence, the number of non-equity partners across the Am...
The ABA Journal reports that the legal services sector gained 4,500 jobs in January, with total employment surpassing the previous 10-year high set in November, according to recent data by the U.S. Bureau of Labor Statistics. The legal industry, composed of attorneys, paralegals, legal secretaries...