Great Recession
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Biglaw
What Will This Recession Mean For Biglaw?
Three predictions about how the economic downturn will affect major law firms. -
Law Schools
Older Millennials Who Graduated From Law School After The Recession Really Struggled To Find Work
This guy couldn't find any job leads until he called his ex's dad. - Sponsored
How AI Is The Catalyst For Reshaping Every Aspect Of Legal Work
Findings from the "Future of Professionals Report," based on a survey of 1,200 professionals from North and South America and the UK. -
Law Schools
Don't Let The Trauma Of Being A Law Student During The Great Recession Bias Your Perceptions About Law School
The reality is that the legal profession is in much better shape now than it was during the Great Recession.
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Biglaw
'Are We There Yet?' Navigating The Legal Profession's 'New Normal'
Ten years have passed since the Great Recession, and our profession is forever changed. -
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Associate Salaries, Biglaw, Partner Issues
Could Biglaw See Another Associate Pay Raise -- Followed By A Recession?
Another pay raise is possible; another recession is likely. -
Biglaw
The Richest Year Ever By A Law Firm
In 2016, Latham generated the most revenue ever by a law firm in a single fiscal year. -
Biglaw, Minority Issues, Partner Issues
Diversity In The Legal Profession Has Flatlined Since The Great Recession; Who Is To Blame?
When it comes to diversity, it doesn't just get better; we must make a real and sustained effort. - Sponsored
Are Small Firms Going Big On Legal Tech?
Please help us benchmark your firm against your peers through this (always) brief and anonymous survey and enter for a chance to win a $250… -
Biglaw
What The 2009 Legal Layoffs Were Really Like
The 2009 layoffs that rocked the legal industry were brutal. -
Biglaw, Health Care / Medicine, Job Survey, Money, Perks / Fringe Benefits, Reader Polls
Biglaw Health Insurance Costs: The ATL Survey Results
The results of our reader survey on law firm health insurance plans. -
Biglaw, Health Care / Medicine, Job Survey, Money, Perks / Fringe Benefits, Reader Polls
Are Biglaw Health Insurance Premium Increases Really Stealth Pay Cuts?
Take our reader survey on post-Recession changes to law firm health insurance costs. -
Ask the Experts, Biglaw, Dewey & LeBoeuf, Partner Issues, Partner Profits
From Across the Desk: CAGR for Dummies
Bruce MacEwen of Adam Smith Esq. answers the question: Is BigLaw really “alive, well, and rich”? -
Ask the Experts, Biglaw, International Law
From Across the Desk: Corporate-Centric Firms
Bruce MacEwen of Adam Smith Esq. continues his taxonomy of law firms with the corporate-centric firms.
Sponsored
Profit Powerhouse: Elevating Law Firm Financial Performance
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
Document Automation For Law Firms: The Definitive Guide
Sponsored
Are Small Firms Going Big On Legal Tech?
How AI Is The Catalyst For Reshaping Every Aspect Of Legal Work
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Ask the Experts, Biglaw, Boutique Law Firms
From Across the Desk: Capital-Markets Centric Firms
Bruce MacEwen of Adam Smith Esq. continues his taxonomy of law firms with the capital-markets centric firms. -
Bar Exams, Bernie Madoff, Biglaw, California, D.C. Circuit, Immigration, Money, Morning Docket, Murder, New Jersey, Pictures, Pro Bono, Senate Judiciary Committee, Trials, War on Terror
Morning Docket: 05.22.13
* A bipartisan immigration reform bill made its way through the Senate Judiciary Committee and will head to the Senate floor. Of course, the amendments in support of gay marriage didn’t make it in, but that may be moot soon anyway. [CNN]
* IRS official Lois Lerner may not be very “good at math,” but at least she seems to know the basic principles of constitutional law. She’ll invoke her Fifth Amendment rights before the House Oversight Committee today. [Politico]
* The D.C. Circuit ruled that the top secret Osama bin Laden death photos will remain top secret, but the internet’s desperate cries of “pics or it didn’t happen” will live on in our hearts. [Thomson Reuters News & Insight]
* Attention naysayers: it may be time to face the music. According to the latest Altman Weil survey, most law firm leaders think all of these fun recession-driven changes are here to stay. [Am Law Daily]
* Twenty-two law firms are banding together to fight against fraudulent financial products on a worldwide scale. It’s too bad this legal alliance didn’t exist before the Bernie Madoff scandal. [New York Times]
* It looks like New Jersey may soon be hopping aboard the pro bono work before bar admission train. You better hope you get your clinic placements in order, people. [New Jersey Law Journal (sub. req.)]
* The results for the February 2013 bar exam in California are out, and they’re frightening. It’s time to try that acting thing again, because only 41 percent of all test takers passed the exam. [The Recorder]
* Jodi Arias is now begging jurors to allow her to live out the rest of her days in prison. She wants to contribute to society by painting, recycling, and… not slashing additional throats. Lovely. [Fox News]
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2nd Circuit, Abortion, Bar Exams, Barack Obama, Biglaw, Books, Crime, Disasters / Emergencies, Holland & Knight, Job Searches, Joe Biden, John Roberts, Law Professors, Law Schools, Money, Morning Docket, Parties, Politics, SCOTUS, Sonia Sotomayor, Student Loans, Supreme Court, War on Terror
Morning Docket: 01.22.13
* “Given health care, I don’t care if he speaks in tongues.” Chief Justice John Roberts botched Barack Obama’s presidential oath at his first inauguration, but this time he managed to get it right. [New York Times]
* What was more important to Justice Sonia Sotomayor than swearing in Joe Biden as VP at noon on Sunday? Signing books at Barnes & Noble in New York City. Not-so wise Latina. [Los Angeles Times]
* D.C. Biglaw firms — like Holland & Knight, Covington, K&L Gates, and Jones Day — allowed others to bask in their prestige at their swanky inauguration parties. [Capital Business / Washington Post]
* It’s been 40 years since SCOTUS made its ruling in Roe v. Wade, and this is what we’ve got to show for it: a deep moral divide over women being able to do what they want with their own bodies. [Huffington Post]
* The latest weapon in the fight against terrorism is the legal system. The Second Circuit recently issued a major blow to those seeking to finance militant attacks in secret. [Thomson Reuters News & Insight]
* “Firms don’t just hire a body anymore.” The 2012 BLS jobs data is in, and if you thought employment in the legal sector was going to magically bounce back to pre-recession levels, you were delusional. [Am Law Daily]
* Three months have come and gone since Hurricane Sandy rocked law firm life as we know it in Manhattan, but firms like Fragomen and Gordon & Rees are still stuck in temporary offices. [New York Law Journal]
* This seems like it may be too good to be true, but it looks like New York’s chief judge may be on board to grant law students bar eligibility after the completion of only two years of law school. [National Law Journal]
* Law professors may soon be in for a nasty surprise when it comes to their salaries if their schools follow Vermont Law’s lead and remove them as salaried employees, paying only on a part-time basis. [Valley News]
* Resorting to a life of crime in order to pay off your law school debt is never a good thing — unless you’re doing it while waring a Bucky Badger hat. We’ll probably have more on this later. [Wisconsin State Journal]
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Biglaw, Document Review, In-House Counsel, Outsourcing, Technology
Inside Straight: Nearly A New York Times Op-Ed On The Future Of Biglaw
Are the reports of Biglaw’s death greatly exaggerated? In-house columnist Mark Herrmann shares his thoughts on whether times have permanently changed for Biglaw firms. -
ATL Career Center Survey, Job Survey, Start Dates, Unemployment
The Great Non-Deferral of 2012
Are start dates for first-year associates at major law firms back to normal, i.e., where they were before the Great Recession? And what about the class sizes for entering associates? -
Canada, Deaths, Law Professors, Law Schools, Layoffs, LSAT, Morning Docket, Partner Issues, Patton Boggs, Politics, Staff Layoffs
Morning Docket: 08.28.12
* Patton Boggs partner Benjamin Ginsberg serves as the Mitt Romney campaign’s top lawyer, and he’s taking flak for GOP rules revisions that have been likened to “killing a fly with a sledgehammer.” [Am Law Daily]
* “I am still shocked that I did everything right and find myself on the brink of destitution,.” This just in from the Things Everyone Already Knew Desk: even law firms have been hit hard by the recession. [Washington Times]
* The lead lawyer in the inquisition against Madam Justice Lori Douglas turned in a resignation letter. Perhaps he grew tired of being part of judicial farce that’s spread wider than Her Honor’s legs. [Canadian Press]
* Penn State Dickinson School of Law might not be losing its accreditation, but it will be reducing enrollment and consolidating all first-year classes at its University Park campus. [Central Penn Business Journal]
* A would-be law student wants to know if he has a good chance of getting into a top 20 school with a low 150s LSAT and an average GPA. You’ll get in everywhere you apply! [Law Admissions Lowdown / U.S. News]
* Roger Fisher, Harvard Law School professor and co-author of “Getting to Yes,” RIP. [WSJ Law Blog]
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Divorce Train Wrecks, Locke Lord, Locke Lord Bissell & Liddell, Money, Partner Issues, Quote of the Day
Quote of the Day: Paying $14K/Month to the Woman You Used to Bang Certainly Has Its Pitfalls
Alimony definitely has its downfalls, especially if when you're forced to leave your Biglaw firm.