Firms are thriving and lawyers are working more than ever, and there appears to be no end in sight as the industry adapts to the second year of Covid-19.
This year saw surging associate compensation, record levels of deals activity, a hot talent market, and multiple rounds of office return plans for the country’s largest law firms. Associates gained the most leverage that they’ve ever had in Big Law amid growing concerns about lawyer burnout.
Here are some of the biggest legal stories of 2021, as told by the numbers.
74
At least 74 of the top 100 law firms ...
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