Big Law’s better than expected year pushed top firms to make major strategic moves as they jostled for position.
A welcome upturn in deals activity helped spur demand at many leading firms, prompting them to hit the recruiting trail for partner talent. Increasing competition, particularly to land lucrative private equity work, boosted the asking price for rainmaking partners and prodded some firms to free up more money to pay those lawyers.
Here are the top legal industry stories of 2024 as told by some of its leading players and observers.
‘You have to have the financial strength to pay people ...
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