Monday BigLaw Merry-Go-Round (Feb 20, 2023)

Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.

• "Big Law Is Gaining Ground in New Markets Inch-by-Inch This Year," The American Lawyer

• "As Law Firms Push Aggressive Rate Increases, Clients Have Room to Negotiate," The American Lawyer

• "Is the Talent War Over?," The American Lawyer

• "This Law Firm Sued Its Former Associates for Missing Their Billable Hour Targets – And Won," Law.com

• "Are U.K. Law Firms Also Going to Make Job Cuts?," The American Lawyer

• "Law Firms Turn to Layoffs Amid Slowing Demand," Wall Street Journal

• "Legal Ops Teams Targeted For Layoffs Amid Cost-Cutting Efforts," Law.com

• "Procopio Lays Off 3% of Attorneys and Staff, Citing Continued Economic Headwinds,"The American Lawyer

• "Productivity, Profitability Decline in 2022, While Expenses Outpace Revenue Growth,"The American Lawyer

• "'We Knew It Would Get Worse Before It Got Better': Law Firm Profitability Index Hits New Low," The American Lawyer

• "Law firms' demand slump deepened at the end of 2022. Is a rebound coming?," Reuters

• "Market Uncertainties Didn't Slow Down Lateral Partner Moves in 2022. Will they in 2023?," The American Lawyer

• "Law Firms Will 'Drill Down' on Taming Expenses in 2023," The American Lawyer

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