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- The Happiest Lawyers In America Work At These Firms — And The Race For #1 Is Now A Photo FinishVault’s 2026-2027 rankings reveal O’Melveny still leads on satisfaction by a hair, Morgan Lewis took the overall crown, and Ropes & Gray jumped 36 spots. Vault just dropped its 2026-2027 Best Law Firms to Work For rankings, and for anyone watching BigLaw’s talent map, the satisfaction data is the most useful slice on the platter. It tells you, in cold associate-survey numbers, where lawyers are actually happy versus merely well-paid — and right now those two things are diverging at the top end of the market in interesting ways. Log in to see who won the industry record . .
- How a Box of Hong Kong Cupcakes Triggered a $36m Law Partner MeltdownQuick question: “If a star rainmaker built ‘their’ office, do they get to secretly take it with them – or does the partnership own everything they touch?” When the Australian Financial Review recently devoted a major feature to “the $36 million box of Hong Kong cupcakes”, it wasn’t really about baked goods – it was about how a high‑performing litigation boutique managed to blow itself up in plain sight. Log in to see what happened . . .
- $230bn in Five Days, Two Partners Out the Door – Wachtell’s High-Stakes ReckoningThe firm that pays its partners $12 million a year just can’t stop losing them. Here’s why that paradox may be the most important story in Big Law right now. Wachtell Lipton broke every profitability record in Am Law 100 history in 2026 — and watched nine partners walk out the door to rivals offering something the numbers alone couldn’t match. What’s really driving the exodus from Wall Street’s most envied firm, whether the lockstep model can survive the age of the $80 million guarantee, and what it all means for the future of elite legal practice: it’s all inside. Log in to read the breaking Big Law story . .
- The Elite Law Pipeline to Prison And How a Decade-Long Insider Trading Ring Pierced Big Law’s Inner CircleA 30-person federal indictment has implicated attorneys from Wachtell, Latham, Willkie, Goodwin, Cleary, Sidley, Weil and DLA Piper in what prosecutors call one of the most sweeping M&A intelligence networks ever prosecuted on American soil. The access a law firm grants its attorneys is built on a simple, foundational covenant: what comes through the door stays within those walls. For a decade, federal prosecutors allege, a network of Ivy League-trained lawyers decided that covenant was negotiable — and that confidential merger data was simply a different kind of billable asset. L:og in to read more . . .
- Paul Weiss Sheds Litigation Associates Citing Performance Reviews as Firm Navigates Litigation SlowdownPaul, Weiss, Rifkind, Wharton & Garrison has parted ways with several litigation associates following its annual performance review cycle, possibly marking a structural change from the relatively recently annointed firm chair Scott Barshay (pictured). According to reporting by The American Lawyer, the New York-based firm, which has long prided itself on avoiding public layoffs, including during the 2008 financial crisis and the 2022 financial correction . . Log in to read more . . .
- A&O Shearman Job Cuts Amidst Post-Merger Push For Tech-Driven Ops
- Average Lawyer Salary 2026: BLS Data by State, Practice Area & ExperienceIf you are a lawyer reviewing your options in 2026, the latest data from the U.S. Bureau of Labor Statistics (BLS) and major legal compensation surveys makes one thing clear: location, specialty, and experience still dictate everything. The national median lawyer salary stands at $151,160 as of the BLS Occupational Employment and Wage Statistics (OEWS) survey for May 2024 — the most recent official release — with approximately 747,750 lawyers in paid employment across the country. The national mean wage for lawyers is $182,760, reflecting how strongly the top earners pull the average upward. Log in for the full report . .
- $12 Million Paydays, a $10 Billion Firm, and Biglaw’s Best Run in YearsA decade ago, $6 million was considered a breathtaking partner payday at a top US law firm. Today, that figure barely cracks the Am Law 100’s top ten. The 2026 Am Law 100 rankings, reflecting 2025 financial performance, tell the story of an industry that has fundamentally reset what “profitable” means: $178.95 billion in aggregate revenues, a $12.15 million average payout for equity partners at Wachtell Lipton, and Kirkland & Ellis becoming the first law firm in history to surpass $10 billion in annual revenue. The rich got richer, the gap widened, and almost nobody at the top is apologising for it. Read the LawFuel review of the AmLaw 100 – login
- Musk v Altman: The Lawyers Running the Biggest AI Trial on Earth | LawFuelThe Musk v Altman trial is being sold as a grudge match between two tech billionaires over the future of artificial intelligence. But the real contest is between two skilled commercial litigators. Elon Musk has turned to New York trial lawyer Steven Molo of MoloLamken who delivered his opening statement in Oakland to a nine-person jury on April 28, 2026 with Morgan Chu of Irell & Manella’s Los Angeles office playing a supporting role having been lead counsel on Musk’s original state court filings. Log in to read the article . .