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Not nearly as well as the elite of Biglaw, but still...

May 25, 2021 at 12:08 PM Shares0 (image via Getty Images) Ed. note: A version of this column originally appeared on Original Jurisdiction, the latest Substack publication from David Lat. You can learn more about Original Jurisdiction on its About page, and you can subscribe through this signup page. By now we all know the story of how the Am Law 100 fared in 2020. Contrary to what many of us predicted, the Am Law 100, the nation’s 100 largest law firms by revenue, hit new highs in terms of gross revenue, revenue per lawyer, and profits per equity partner. For Biglaw, last year was a very...

February 4, 2021 at 3:17 PM Shares2 Thanks to the pandemic, Biglaw firms attempted to manage their expenses throughout 2020 by using the cost-cutting measures of salary cuts, furloughs, and layoffs. While staff members seemed to be the target of the vast majority of the outright cuts, law firm associate head counts began to curiously shrink through a series of stealth layoffs. Of course, the Biglaw firms in question wouldn’t admit to doing such a thing, but the numbers don’t lie. According to a new Thomson Reuters Peer Monitor Index report, Biglaw firms started casting associates aside by...