The largest law firms, known for their M&A expertise, are now focusing on litigation hiring due to its profitability.
According to Bloomberg Law, top firms like Kirkland & Ellis, Paul Weiss, Davis Polk, and Paul Hastings have increased their litigation teams by at least 22% since early 2024.
Litigation pays, and it doesn't evaporate when the dealmakers take a sabbatical.
This shift indicates a significant change in strategy for BigLaw's most profitable firms.
Author's summary: BigLaw firms are aggressively hiring litigators as M&A slows down.