Law firms reined in their summer associate hiring this year, with a nearly 2% decline in offers extended to second-year law students hoping to land a temporary job this summer, data from National Association for Law Placement showed. This year's tepid hiring is a red flag for the law school class of 2024, which is 12% larger than the class from which 2022's summer associate cohort was hired. Read more.
The hiring retreat comes amid a broader slowdown for many law firms as demand has decreased for transactional practices. A handful of firms have laid off lawyers since the fall, and early signs show law firm profits were down last year from historic highs.
Law firm news …
Keker, Van Nest & Peters named Laurie Carr Mims managing partner. Jenner & Block named Lindsay Harrington managing partner of its D.C. office. She is the first woman to hold the role. Foley & Lardner appointed Kimberly Klinsport as managing partner of its Los Angeles office. Steptoe & Johnson said its revenue increased by 3% to $434.6 million in 2022. Quarles & Brady expanded to Colorado, combining with a small Denver IP firm. Baker Botts elected 12 new partners.
More from the legal industry …
A Colombian court hosted its first legal trial in the metaverse. Also, a former Napoli Shkolnik lawyer sued the firm for racial discrimination and said it had filed a lawsuit falsely accusing her of "quiet quitting" in retaliation for her asserting bias claims. A Texas judge threw out disciplinary charges filed last year against pro-Trump lawyer Sidney Powell. And the bar exam pass rate dropped for first-time takers in 2022.
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Leaking roofs. Cockroaches. Textbooks that list Bill Clinton as the last president. That’s sampling of what students in Pennsylvania’s most underfunded public school districts face, according to a 786-page decision by a Commonwealth Court judge, who found that the inequities between the state’s richest and poorest districts are so severe that the entire funding system is unconstitutional. In her latest Pro Bono Spotlight, columnist Jenna Greene spoke with O’Melveny partner Katrina Robson about the firm’s work on the case, which involved nearly 80 lawyers, 26,000 pro bono hours and a four-month trial. Read more.
Check out other recent pieces from all our columnists: Alison Frankel, Jenna Greene and Hassan Kanu
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