The American Lawyer

06/05/2026

McDermott Will & Schulte, Quinn Emanuel and Katten Muchin Rosenman were the first AmLaw100 firms to match Milbank's 2026 associate salary raises.

Read more: https://loom.ly/eeY5Xh0

06/05/2026

With LMEs Primed for Growth, Will Consolidation Among Clients and Firms Come with Risk?

As Big Law and private capital consolidate, counterparties in contentious transactions are increasingly law firm clients as well.

06/05/2026

“Boutiques are having an absolute moment in the sun,” said one associate recruiter. “The firm that I've made the most placements at this year, which is for the first time ever, is a boutique and not Big Law.”

Read more from "Law Firm Disrupted: Boutiques Are Seizing Opportunities for Specialized Talent" at https://loom.ly/rnhrCq4

“Boutiques are having an absolute moment in the sun,” said one law firm recruiter.

06/05/2026

Unlocking the Next Frontier: Revenue Strategies Beyond Traditional Profitability

The firms that succeed over the next decade will redefine how legal expertise integrates into the broader business value chain, Jeff Grossman and Rajesh Madabushi write.

06/05/2026

"When I founded Diversity Lab 12 years ago, I never imagined our story would end this way. Our premise was simple: use data and science—not assumptions—to identify where bias and discrimination exist in talent processes, and then rigorously test interventions to level the playing field.

"We weren’t ideologues. We were researchers and scientists, asking why the top echelons of the legal profession remained largely homogeneous decade after decade. Our goal was to make hiring, development, and advancement systems more fair and effective so law firms and legal departments could benefit from the full spectrum of talent, not just a narrow slice.

"Our innovative approaches were working. ...

"But today, because of meritless attacks by government agencies, we’re closing our doors. Not because we broke the law, but because we ran out of options and funds to defend ourselves."

Read the full letter from Diversity Lab founder Caren Ulrich Stacy:

An open letter from Diversity Lab's founder, Caren Ulrich Stacy.

06/05/2026

For the as a whole, Profits per Equity Partner was up by 14% in 2025. Here are the top five firms by PEP, or see the full list at https://loom.ly/Mk6MCyI

06/05/2026

Diversity Lab Closes After FTC Investigation

As part of the dissolution, Diversity Lab will shut down all its systems, including eliminating or destroying any client data it had stored on the hundreds of law firms and legal departments that it worked with.

06/05/2026

The New Shape of Partnership

What once looked like a pyramid, now looks more layered, more managed and less certain, writes a vice president at Major, Lindsey & Africa.

06/05/2026

Dear Tokyo: Can Ambition and Tradition Coexist?

Japan’s legal market, long defined by stability and continuity, is being pulled into a more volatile era of dealmaking, competition, and global firm entry.

06/05/2026

The 2026 NLJ 500: Top Five Cities

Be sure to check out this year's leading cities!