Biglaw Firms Continue to Pull Out of Russia

“HSF said, in a statement, that it strongly condemns the invasion of Ukraine by Russia and that it is appalled by the humanitarian consequences. The firm is ending any work associated with the Russian state, it proclaimed, in accordance with its legal and professional responsibilities. Our,” reports Jerome Doraisamy in Lawyers Weekly.

“Moscow office has long been a valued and successful part of our business. We are working closely with the team there to support our colleagues who have been directly impacted by this decision, the firm said. We continue to advise many clients around the world on the practical implications for their businesses. We are supporting our.”

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Top 25 Biglaw Firm Makes Another Salary Move

“Biglaw is in the middle of a hot lateral market. That means that firms have to be willing to pay the tippy top of market compensation plus other perks to recruit and retain the associates that keep the deals/cases moving. Goodwin Procter a firm making $1,486,263,000 in 2020 gross revenue,” reports Kathryn Rubino in Above The Law.

“Making it 23rd on the Am Law 100 already announced raises way back in January when the Milbank scale was the top of the market. Of course, since then both Davis Polk and Cravath have taken a crack at raises, and now that higher Cravath scale is what’s holding sway. And now that the dust seems to have settled, Goodwin is raising.”

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Elite Biglaw Firm Offers Up to 22 Weeks Paid Leave with Its Enhanced Parental Leave Program

“One by one, Biglaw firms across the country have realized that in order to recruit and retain the best talent, they need to offer the best perks and policies for a progressive new generation of lawyers. That may be why yet another firm has decided to truly support its attorneys who are embarking upon,” reports Staci Zaretsky in Above The Law.

“Which firm is the latest to modernize its parental leave policies? That would be Ropes & Gray, which recently announced that a new, gender-neutral leave policy would be implemented, ensuring that attorneys will receive additional time off following the birth, adoption, or foster placement of their new child. Not a Cravath match.”

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Another Biglaw Firm Wows with Big Money Raises

“Despite the fact that a pandemic raged throughout 2021, all signs point to it being an excellent year in Biglaw. In fact, the biggest problem for firms seems to be making sure they have enough talent to handle all the work they’re getting. Towards that end making sure associates are well compensated,” reports Kathryn Rubino in Above The Law.

“So, yes, associate compensation has been bonkers this year, with raises running through the industry. The latest firm to announce raises is Foley Hoag, ranked 136th on the Am Law 200, with $232,079,000 in 2020 gross revenue. Like so many other firms, these raises are retroactive to January 1. The new compensation grid at the firm is.”

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Biglaw Firms Score with Historic Offer and Acceptance Rates for Summer Associate Recruitment

“For the past few years, law student recruitment for summer associate programs has been incredibly successful, harkening back to a time when law students quickly accepted the offers that Biglaw firms handed out like candy. Amid an unprecedented cash rush for associates and high demand for,” reports Staci Zaretsky in Above The Law.

“The 2021 recruitment cycle was no different offers were plentiful, and acceptance of those offers was even higher. Things are going smashingly well in the Biglaw sphere when it comes to recruitment. According to the latest recruiting figures from the National Association for Law Placement NALP, offer rates from Biglaw summer.”

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Biglaw Offices in Russia and Ukraine Confront Reality of Wartime Law Practice

“As Russia invades Ukraine, Baker McKenzie and Dentons have closed up their Ukraine offices. No word on the DLA Piper presence, but it’s likely closed up as well. Dentons told Bloomberg Law that We are in regular contact with our team in Kyiv and are providing our 49 colleagues with any assistance they,” reports Joe Patrice in Above The Law.

“Which is to be expected. It’s impossible to imagine a global law firm operating in Ukraine over the last few years without formulating an emergency response. As soon as the former administration lifted sanctions on Russia and held up military aid to Ukraine, conflict may not have been guaranteed, but became increasingly likely.”

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Top 10 Biglaw Firm Ponies Up Money for Hardworking Associates

“What better way for a Biglaw firm to let associates know much their work is appreciated than with a nice raise? And thanks to the new market standard set by the combination of Milbank and Davis Polk, firms are doing just that. The latest firm to say thank you with cold, hard cash is Sidley Austin. The,” reports Kathryn Rubino in Above The Law.

“The firm took in $2,462,935,000 in gross revenue in 2020, making it number 6 on the Am Law 100, and they are happy to share their good fortune with the associates who made it all possible. As expected, the firm matched the prevailing market compensation as detailed in the chart and like many of their peer firms, the raises will.”

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Miami as the Next Biglaw Hotspot?

“Whatever else you may think of Miami Mayor Francis Suarez, you have to admit that he’s great at PR. Over the past two years, Mayor Suarez, and by extension the broader South Florida region, has generated a constant stream of national press attention. The Financial Times recently declared Miami the,” reports Above The Law in their blog.

“The most important city in America. If you believe the hype, Miami is both the new Silicon Valley and the new Wall Street. Where tech and finance is moving, surely law firms will follow close behind? That’s the question explored in a recent Daily Business Review article, as well as the topic of recent debate in South Florida legal circles. So is Miami.”

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Biglaw Firm Announces Raises for Anxiously Waiting Associates

“Fresh off of getting some flack for not jumping on the Biglaw raises bandwagon fast enough, Fenwick & West has announced raises for its hardworking associates. The firm, which made $543,079,000 in gross revenue in 2020 making it 72nd on the Am Law 100, announce the compensation,” reports Kathryn Rubino in Above The Law.

“After Milbank raised associate salaries last month. But despite the antsy associates, the firm is actually on the early side of matches. Over a month after the first raises, the bulk of the market has still not matched. But the wait is over for Fenwick associates! The new salary scale for attorneys in good standing and on track to bill 1,950 hours.”

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This Top 20 Biglaw Firm Wants Associates in the Office 3-4 Days Each Week

“Biglaw firms are really looking forward to things getting back to normal and in this case, that means heading back to the office. Yet again, we have a top law firm inviting associates back to the office without word on matching the new Milbank salary scale Earlier this week, Simpson Thacher & Barlett, a firm,” reports Staci Zaretsky in Above The Law.

“That’s in the top 20 of the Am Law 100 No. 14, to be exact, notified associates that they’d be due back in the office on March 14. Associates are expected to spend three to four days each week in the office, on average, starting next month. Sources we’ve heard from didn’t exactly seem thrilled about this plan. The firm, however, is focusing.”

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Big Law Firms Target February, March for Office Reopenings

“Lawyers from at least seven firms are headed back to the office again in February and March, months after Covid-19 variants delayed initial reopening plans. Davis Wright Tremaine, Wilmer Hale, and Dorsey & Whitney are targeting office return dates in February after cutting back on in-person work,” reports Riqui Chen in Bloomberg Law.

“Expectations as the omicron variant surged in the U.S. Reed Smith, Goodwin Proctor, Morrison & Foerster, and Wilson Sonsini plan to reopen in early to mid-March. Covid-19 cases have steadily declined in the U.S. since peaking in mid-January, and many are cities and states are beginning to loosen pandemic-related restrictions.”

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Top 20 Biglaw Firm Welcomes Lawyers Back to Office, But Without Raises Yet

“What is it with Biglaw firms announcing their return-to-office plans before they announce their Milbank matches? Come on, let’s think about incentivizing employees here, folks. No one really wants to head back to the office during an ongoing pandemic, but a bigger paycheck might make it a little,” reports Staci Zaretsky in their Above The Law.

“One of the firms that made its office return plan known prior to informing employees that there would be no salary match to come just yet is Weil Gotshal, a firm that’s in the top 20 of the Am Law 100 No. 17, to be exact. Earlier this week, the firm sent out a brief memo letting associates know that its US offices would be reopening fully.”

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Biglaw Firm Is Done With The Waiting, Announces Associate Salary Raises

“It’s been three weeks since the latest edition of the associate salary wars began, thanks to a raise announcement by Milbank. While in the past, when one Biglaw firm announces across the board salary hikes the rest of the market has been quick to respond, that has not been the case this time around.,” reports Kathryn Rubino in Above The Law.

“Yes, some firms have matched the new compensation scale, but large swaths of the industry seem to be taking a wait-and-see approach.”

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Top 20 Biglaw Firm Hasn’t Announced A Match, But Associates Say they’ve Received Milbank Raises After Reviews

“Almost three weeks have passed since Milbank first announced its new salary scale, and while a number of Am Law 100 firms and boutiques have already matched, associates are growing impatient with this waiting game. When will Biglaw firms show them the money? As it turns out, some firms may be,” reports Staci Zaretsky in Above The Law.

“Above the Law has been told that reviews are well underway at at Cooley a firm that came in at No. 19 in the most recent Am Law 100 ranking, having brought in $1,552,149,000 gross revenue in 2020. As part of that process, sources say reviewing partners have told associates that their new salaries are equal to the Milbank scale. But wait.”

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Top 50 Biglaw Firm is Offering $75K Associate Referral Bonuses

“The Biglaw lateral market is still burning hot, and law firms are trying every move they can think of to get more associates in the door up to and including offering current and former employees referral bonuses for successful hires. The latest firm that’s turning its associates into recruiters is Willkie,” reports Staci Zaretsky in Above The Law.

“According to a report from Insider, the top 50 Am Law firm is willing to pay $75,000 referral bonuses to associates who help the firm make qualified hires. That’s quite a bit more money than what some other firms are willing to pay in referral bonuses. For example, Shearman & Sterling recently rolled out a program offering $25,000 to former.”

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Britney Spears ‘Simply Adores’ This Biglaw Partner

“When you’re a Biglaw partner, it’s not too often that you’ve got a celebrity client singing your praises on social media. Then again, it’s not too often that your client is Britney Spears. Mathew Rosengart, the Greenberg Traurig partner who succeeded in freeing the pop star from more than a decade of,” reports Staci Zaretsky in Above The Law.

“It has been more than a decade of conservatorship, recently clinched the title of Above the Law’s 2021 Lawyer of the Year for his zealous representation in the closely watched matter. Biglaw’s zaddy is still working with Spears, and she heaped many compliments upon him today after meeting to chat over lunch. Feast your eyes on this Instagram.”

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Top Employment Law Stories of 2021

“This year may not have been as momentous as 2020 in regards to drastic changes in how we work. But 2021 still had its fair share of drama and legal developments in the employment context,” reports Tom Spiggle in Forbes.

“Let’s take a quick look at some of the more notable stories in terms of impact on the average worker. Many of these stories will have a common theme. For Example, Employers restricting an employee’s political and/or speech rights at work, Some workers seeing possible advances in the workplace due to the coronavirus.”

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Another Biglaw Firm Is Showing Associates The Milbank Money

“One by one, Biglaw firms are rushing in to match Milbank’s new salary scale, and the latest firm to do so is Boies Schiller Flexner. The firm is still hangin’ tough in 2022, and the firm has come to play with the members of the Biglaw elite who have anted up to pay their associates the big bucks,” reports Staci Zaretsky in Above The Law.

“In an email to associates (available on the next page), the BSF confirmed their commitment to staying on top of market compensation. That means associates will be making between $215,000 and $385,000, depending on class year, as base pay for associates in good standing. Here’s Boies Schiller’s new scale”

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Top 20 Biglaw Firm Isn’t Matching Associate Salary Increases (Yet)

“For the second time in less than a year, cash compensation in Biglaw is increasing. Eager to attract and retain associates during this hot lateral market, many firms have already adopted the new salary scale set by Milbank just last week,” reports Staci Zaretsky in Above The Law.

“It’s still early in the cycle, but with salaries now ranging from $215,000 to $385,000, we suspected that some firms would wait for compensation leaders like Cravath and Davis Polk to make their own announcements prior to making a move, while other firms would simply not be able to match what the market would bear,”

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This Biglaw Firm Is Handing Out Up To $25K To Former Lawyers Who Refer New Associates

“They’re our best ambassadors. Many times when you do use vendors you have to teach them about your culture,” reports Staci Zaretsky in Above The Law.

Geline Midouin, Shearman & Sterling’s chief people officer, speaking highly of the firm’s former lawyers, who are now being rewarded with cash for referring potential new hires. According to a report from Reuters, Shearman will pay $25,000 for a successful placement of associates or counsel with at least one year of experience, $2,500 for salaried business services professionals, and $1,000 for hourly staff,”

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