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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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Trends to Watch in Legal Technology in 2021

In 2021, what will it take to be a successful lawyer? It has become more important than ever to stay up-to-date with the....

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Hiring & Staffing For Law Firms

Law firms with small staff rarely dedicate enough time to learning the best practices for hiring and managing team membe....

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When A Law Firm Considers Who It Wants To Interview And Hire, Hiring Managers Often Ask: Do We Like This Attorney?

Do we like and want to hire this attorney? The answer to this question depends on the people reviewing the resumes, doin....

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How Law Firms and Other Hiring Organizations Can Determine if an Attorney Has the Qualifications to Do the Job They Are Hiring For

If you are hiring attorneys for your business, it’s important that you ask the right questions during interviews and h....

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Firms Lists and the BCG Attorney Search System

Question: Why does my BCG legal placement professional send me so many lists of firms?....

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The Top 15 Marketing and Sales Tricks Law Firms Use to Get You to Work For Them

Listen to This Podcast on:Conceptually, most law firms are very similar places to work.You are expected to sit down at a....

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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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Law Firm Titles: The Difference Between Law Firm Managing Partners, Partners, Income (or) Non Equity Partners, Associates and Of Counsel Attorneys

Law firm titles are like any other titles within a business. From associate to partner, each defines a rank and respons....

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How Do Legal Recruitment Agencies Work?

SUMMARY:Working with a legal recruitment agency streamlines the job search process for candidates in the legal field. Th....

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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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