All articles tagged with #big law
Former President Barack Obama criticized Big Law firms for caving to pressure from the Trump administration, citing concerns about protecting careers and lifestyles over legal integrity, and also criticized universities for compromising academic independence under political pressure.
Big Law associates are experiencing a significant decrease in work hours and a substantial increase in salaries, with the average hours billed in 2023 dropping to a record low. The recent baseline salary increase to $225,000 for Biglaw associates, combined with the decrease in billable hours, could result in a productivity loss of over $100,000 per associate, according to a report from Wells Fargo’s Legal Specialty Group.