‘The world will change now’: Law firms in Ukraine cope with Russian invasion
REUTERS — With Russia launching the biggest assault on a European state since World War Two, local and international law firms in Ukraine said they have taken steps to protect their employees and client work amid the invasion. Representatives for Baker McKenzie, CMS and Dentons, three of the largest foreign law firms with lawyers in Kyiv, Ukraine’s…
Read More about ‘The world will change now’: Law firms in Ukraine cope with Russian invasionStatement of ABA President Reginald Turner Re: Invasion of Ukraine
AMERICAN BAR ASSOCIATION — The American Bar Association joins the world community in condemning the actions of Russian President Vladimir Putin in Ukraine. The invasion violates the United Nations Charter on the principles of national sovereignty, rule of law, due process and universal human rights. The response from nations and institutions that remain committed to the…
Read More about Statement of ABA President Reginald Turner Re: Invasion of UkraineMidsize law firm innovation moves to advance Diversity & Inclusion
THOMSON REUTERS — Recognizing the need to field more diverse legal teams, midsize law firms are aspiring to promote inclusion and increase more diversity among its ranks. As part of that, the Thomson Reuters Institute produced a three-part Diversity & Inclusion (D&I) roundtable series to provide a confidential space to learn how the most successful law…
Read More about Midsize law firm innovation moves to advance Diversity & InclusionLarge law firms see historic offer and acceptance rates for law student summer associate programs
GENERAL COUNSEL NEWS — “For the past few years, law student recruitment for summer associate programs has been incredibly successful, harkening back to a time when law students quickly accepted the offers that Biglaw firms handed out like candy. Amid an unprecedented cash rush for associates and high demand for,” reports Staci Zaretsky in Above The…
Read More about Large law firms see historic offer and acceptance rates for law student summer associate programsLaw School Admission Council acquires Law School Transparency
REUTERS — Law School Transparency was a thorn in the side of law schools when it launched in 2009, criticizing what it said was misleading graduate employment data and calling for changes in how schools report student outcomes. Now, the non-profit is joining the legal education establishment. The Law School Admission Council, which makes the Law School…
Read More about Law School Admission Council acquires Law School TransparencyA look at on-demand courses for law students and lawyers
BUSINESS WORLD — Among the biggest struggles of the law profession gearing towards the future is the fact that most law schools today tend to remain traditional and generate “20th-century lawyers” when the world logically requires “21st-century lawyers.” This is according to Richard Susskind, who is among the most cited authors in the world when it…
Read More about A look at on-demand courses for law students and lawyersWhat law firms can do to attract talent in 2022
THOMSON REUTERS — Despite double-digit salary growth in the legal industry, many firms are grappling with serious staffing concerns. According to the 2021 Law Firm Business Leaders Report from Thomson Reuters, more than one-half of firms (51%) now view acquiring and retaining talent as a high risk to future profitability. As they work to manage these staffing…
Read More about What law firms can do to attract talent in 2022Law firms boost law student summer associate hiring
ABA JOURNAL — Offer rates for summer associate spots last year reached their highest mark since 2007, according to a report released Tuesday by the National Association for Law Placement. Fifty-eight percent of callback interviews resulted in offers for summer positions, according to the report, Perspectives on 2021 Law Student Recruiting.
Read More about Law firms boost law student summer associate hiringLarge law firms see historic offer and acceptance rates for law student summer associate programs
ABOVE THE LAW — For the past few years, law student recruitment for summer associate programs has been incredibly successful, harkening back to a time when law students quickly accepted the offers that Biglaw firms handed out like candy. Amid an unprecedented cash rush for associates and high demand for legal services, the 2021 recruitment cycle…
Read More about Large law firms see historic offer and acceptance rates for law student summer associate programsHow law firms can balance salary and work hours to attract associates
REUTERS — Diving into the recent legal market report, we see an industry that is demonstrating resilience, yet could that be derailed by rising compensation costs? The Thomson Reuters’ depicted a legal industry immersed in an escalating war for talent. Ever since major law firms like Milbank began raising their associate salaries in early 2021, the market…
Read More about How law firms can balance salary and work hours to attract associates