Insights

For those lamenting the loss of Vault, we have good news: It’s back! The beloved — or, more accurately, grudgingly tolerated and beloved — law firm rankings have returned after a two-year hiatus. This week we’re looking at why Vault is so popular, and sharing how lawyers and law students use it to assess whether your firm is a fit. As a refresher, Vault vanished in 2021 (technically, it

We are more than halfway through the first quarter of 2023, but the outlook — in the legal industry and across the broader economy — is still a bit hard to pin down. One way to try to understand what law firms may face in the remainder of the year is to glance back at 2022. Legal industry reports analyzing law firm performance last year can shed light on trends, but firm leaders should bear in mind that the past several years have been highly unusual, and a...

News that a six-person marketing team left Cooley for Fried Frank recently made headlines — and raised eyebrows — because while it is not uncommon for a practice group to move to another firm to improve its platform or market position, it’s rare to see non-lawyer business...

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

Bloomberg Law