Insights

During the height of last year’s war for talent, AmLaw 50 firms wooed the country’s top associates with promises of flexible work arrangements and unprecedented compensation packages. Unfortunately those young lawyers are now experiencing just how quickly their leverage can disappear when the market takes a turn. Firms that hired aggressively in 2021 are reconsidering their staffing needs, and the layoffs have already begun.

As a

Your firm’s attorneys are already planning for 2023, but remember to take time to reflect on the year that was. Making time to celebrate the firm’s 2022 successes is a win for colleagues and clients alike.

Capturing everything the firm accomplished in the past year creates an opportunity for leaders to acknowledge key accomplishments and thank everyone for their contributions to the firm — which can boost morale. Making that year-end roundup...

Diverse-owned firms continue to hit barriers when it comes to getting legal work from corporate clients. A recent study conducted by the National Association of Minority and Women-Owned Law Firms and the...

The allure of high pay may attract younger lawyers to law firms. But many big firms are discovering that big salaries aren’t enough to keep associates happy.

Younger lawyers are more willing to forgo top salaries in exchange for...

Why did you become a lawyer? It’s a straightforward question that can be a simple — but effective — tool in law firms’ war for talent.

That’s because lawyers’ answers to the question of what motivates them may provide insights into how firms can retain them. Not all young lawyers are motivated by the same things, despite the generalizations we all sometimes make...