ABA Journal

Midsize Firm

715 ABA Journal Midsize Firm articles.

Are pushed-back start dates for associates making a comeback? One law firm confirms deferrals

Gunderson Dettmer has deferred start dates for new associates, a development that prompted Above the Law to wonder whether a trend is in the offing.

Picture is ‘generally bullish’ for midsize law firms, new report says

Growth in demand for legal services is greater, on average, for midsize law firms than for the nation’s 100 top-grossing firms, according to a new report by the Thomson Reuters Institute.

At least one high-level administrator at a law firm makes $2.7M, survey says

Top-level administrative professionals in law firms make anywhere from $77,000 to $2.7 million in total compensation, according to a recently released survey.

Law firms experience downturn in profits in first half of 2022, new survey says

Law firms are experiencing new challenges in 2022 as their profits decreased and expenses increased, according to new data from Wells Fargo’s Legal Specialty Group.

ABA project seeks more pro bono attorneys in wake of Supreme Court death penalty decision

The Death Penalty Representation Project offers varying opportunities for mid- to large-size firms, small firms and solo practitioners. Its staff is actively recruiting pro bono attorneys for about two dozen cases at any given time and will hire law students and undergraduate students for semester-long internships throughout the year.

Some associates not meeting ‘utilization expectations’ get pay cuts at this law firm

Associates at Steptoe & Johnson who aren’t meeting “utilization expectations” will be getting prorated pay cuts through the end of 2022.

These law firms had ‘noteworthy moves’ in head count; which were tops for female, LGBTQ attorneys?

The National Law Journal’s latest list of the top 500 U.S. law firms by head count saw some significant changes in rankings.

2 law firms add dozens of lawyers through mergers with smaller firms

Two larger law firms have announced mergers with smaller firms that add dozens of lawyers and expand their footprints.

The gap between the highest- and lowest-paid BigLaw partners is expanding

Law firms seeking to hold on to top lawyers appear willing to pay higher amounts that increase the gap between their highest- and lowest-paid equity partners.

Stroock is in a ‘precarious position’ after loss of bankruptcy group; is a merger needed?

Stroock & Stroock & Lavan is in a “precarious position” following the loss of one of its two crown jewels—its bankruptcy and restructuring group—to Paul Hastings this spring, according to an analysis by Law.com.

BigLaw makes diversity gains; which firms did best?

Diversity gains among larger law firms this year were the largest since 2001, according to the American Lawyer’s 2022 Diversity Scorecard.

Prosecutors will seek 18 to 24 months in prison for 2 lawyers accused in Molotov cocktail attack on cop car

Prosecutors and two lawyers accused in a Molotov cocktail attack on an unoccupied police car have reached a plea deal that would spare the defendants some prison time.

Law firm profitability ‘dropped markedly’ in first quarter amid 12% hike in associate compensation

Law firm profitability decreased in the first quarter of the year, as direct expenses increased 13.1% and overhead increased 9.9% from the same period last year, according to the Thomson Reuters Law Firm Financial Index.

About one-fifth of lawyers and staffers considered suicide at some point in their careers, new survey says

A new survey of lawyers and staff members hailing mostly from BigLaw has found that anxiety, depression and isolation remain at concerning levels, despite a slight decrease in the percentages since the survey last year.

DLA Piper adds 27 private equity lawyers; ‘this is just the beginning,’ says US vice chairman

A group of 27 private equity lawyers is leaving Honigman to join DLA Piper in Chicago.

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