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Law Firm Partner Compensation: Equity vs Non-Equity and ROI Explained

Law firm partnership has never been a simple “make partner and share profits” milestone. Today’s partnership landscape is increasingly tiered, metric-driven, and designed to manage firm profitability—often by expanding non-equity roles while concentrating equity ownership. This recent report....

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The World's Largest Law Firms by Revenue in 2025

The global legal industry is a cornerstone of modern economies, generating immense revenue while addressing the complex needs of corporations, governments, and individuals. At the forefront of this sector are the world’s largest law firms, ranked by revenue, often dubbed "Big Law." These firms wie....

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How to Evaluate Law Firm Culture for Career Growth

Executive SummaryLaw firm culture profoundly shapes attorney satisfaction, retention, and advancement. With associate attrition fluctuating between 18–26% in recent years and major gaps in work-life norms across firm types, aligning with the right culture is a career-critical decision.....

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Winning the War for Talent: My Guide to Recruiting, Compensating, and Growing Small Law ....

Over my 25‑year career in legal recruitment, I’ve seen firsthand how small law firms and solo practitioners face unique challenges in hiring top legal talent and sustaining long-term growth. In one particularly candid conversation with a Houston-based firm owner, I discussed the hurdles of high ....

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Why Attorneys Leave Law Firms: The Real Reasons Behind Attorney Turnover and How to Build ....

The legal profession is facing an unprecedented crisis: 20% of law firm associates left their positions in 2024, according to the latest NALP Foundation report—up from 18% in 2023. Meanwhile, attorneys report feeling burned out 42% of the time, with mid- and senior-level associates experiencing bu....

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Overview of D&I in Law Firms and BCG’s Unique Role in the Diversity Solution

Diversity and inclusion is one of the most important and pressing issues in the legal profession.Notwithstanding a host ....

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Impediments to Diversity and Inclusion in Law Firms

There has been a tremendous amount of energy and attention devoted to increasing diversity and inclusion in law firms, a....

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Benefits of Diversity and Inclusion for Law Firms

There are enormous benefits of diversity, and many reasons why law firms should strive to become more diverse and inclus....

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What is the Typical Law Firm Organizations Structure? What is the Hierarchy of Different Positions Inside of Law Firms?

Learn more about how major law firms are divided into classes and hierarchies in this article.....

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Diversity in the Legal World - The Big Picture

Learn why diversity in the legal world is so important and how companies and law firms are encouraging diversity throug....

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How Law Firm Websites Influence Retention of Diverse Attorneys

A recent study showed how even law firm websites have an impact on the retention of diverse attorneys. Learn more in th....

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Can Rethinking the “Billable Hour” Lead to More Law Firm Gender Equality?

The billable hour has long been a staple of law firms, but it also appears to be hindering gender equality at major law....

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Where Do Law Firms Stand When It Comes to Gender Equality?

Find out which major law firms are leading the way in 2017 in gender equality.....

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Corporate Clients Lead Charge for Diversity and Inclusion in Law firms

Corporate clients are leading the way when it comes to facilitating change in the diversity and inclusion arena. Using a....

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Law Firms’ Continued Lack of Diversity: Scholars Provide Insight on Reasons and Solutions

Law firms are striving to be more diverse but are facing challenges along the way. This article explains why these chal....

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