Decline in Lateral Hiring Persists for Second Consecutive Year
Law firms are continuing to scale back on lateral hiring of lawyers for the second year in a row, following…
decline
Wells Fargo Report Reveals Decline in Lawyer Productivity and Demand in 2022
A new report from Wells Fargo's Legal Specialty Group highlights the biggest challenge facing US law firms in the near…
Top Law Schools Unable to Attract Enough Students
Summary: Students with the required LSAT scores for top-tier schools have dropped by nearly half, leaving those schools with very few…
11% Decline in Law School Enrollment: A 36 Year Low
Since 1977 law school enrollment hasn’t been this low, according to the American Bar Association. Since last year there has…
Profits and Revenue Decline at Debevoise & Plimpton
Debevoise & Plimpton report that gross revenue dropped 12% at the firm and profits per equity partner dropped even further…
Profits and Revenue Down at O’Melveny for Second Year Running
O'Melveny & Myers has reported a second year of revenue and profit loss. The Los Angeles-based firms litigation department, composing…