Counsel News and Events for Attorneys and Executives

Law Firm Management

Top 25 Am Law Firm Announces Special Bonuses — But There’s A Catch

NewsEarlier this fall, when elite firms were falling over themselves to match the Davis Polk special bonus scale, others were in no rush, instead simply committing to make sure that associates would be properly compensated in the future.

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Milbank Announces Bonuses: What Does That Mean for the Biglaw Compensation Leader Race?

NewsWhich Biglaw firm is the true gold standard of Biglaw compensation? … Cravath is sorta the default answer.

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Nelson Mullins and Redgrave LLP to Form Encompass Redgrave Law Practice, Largest in the Nation

NewsNelson Mullins Riley & Scarborough LLP is pleased to announce that the attorneys, directors, and advisors from Redgrave LLP will join the firm’s Encompass practice, establishing Encompass Redgrave as the nation’s largest and most comprehensive information and discovery law practice.

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Are Biglaw Associates Billing Themselves to the Brink of Exhaustion for Subpar Bonuses?

NewsThirty-four percent of our respondents think a big bonus announcement will drop sometime this week, while 33 percent think it will come next week.

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Biglaw Firm That Cut Associate Compensation By Up To 50 Percent To Reinstate Full Salaries

NewsSchiff Hardin will reinstate full salaries.

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Biglaw Firm Restores All Partner Pay After 5 Months of COVID Cuts

NewsAnother day, another Biglaw firm that’s reversing its COVID-19 austerity measures.

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Greenberg Traurig Offers Voluntary Buyouts With ‘Enhanced’ Severance

NewsFor the past seven months, the coronavirus crisis has ravaged the legal profession, leading to salary cuts, furloughs, and in some cases, layoffs.

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Biglaw Firm Resolves Pay Bias Claim Over Bonuses Paid at Predecessor Firm

NewsAfter a routine compliance review by the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP), Locke Lord LLP voluntarily entered into a conciliation agreement to resolve allegations of pay discrimination at its Providence, Rhode Island, office.

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Winning the Good Fight

NewsLyons & Simmons, LLP has a hard-earned reputation for obtaining big results in important personal injury and wrongful death cases.

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More Big Law Pay Moves as Orrick Reverses Cuts, Weil Rewards Earners

News Orrick, Herrington & Sutcliffe, starting Oct. 1 the firm is completely scrapping pay cuts it enacted earlier for associates, of counsel and staff.

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The Global 100: The Richest Law Firms in the World (2020)

NewsLaw.com recently published its latest edition of the Global 100, a ranking of the world’s 100 largest law firms by total revenue.

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Biglaw Firm is Punishing 5 Departing Partners in Bonus Clawback Dispute, Petition Says

NewsFive former Nixon Peabody partners allege that their former law firm tried to punish them for jumping to DLA Piper by trying to claw back bonuses and withholding money in support of the effort.

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Biglaw Firm Switches From Strict Lockstep Compensation for Partners to Modified System

NewsDavis Polk & Wardwell is changing to a more flexible compensation system, allowing it to pay more money to retain and attract rainmaking partners.

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Woman Arrested at Boston Airport, Suspected of Running Unlawful Law Practice in Uptown Dallas

NewsMassachusetts state police detained Camilia Shene Johnson at Logan International Airport on Sept. 5 as she tried to board a flight to Istanbul, Turkey.

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Lawyer Who Allegedly Lied About Health for Deadline Extensions Should be Suspended

NewsAn Illinois lawyer, who reportedly lied and said he had cancer—when he did not—and instead was looking for discovery deadline extensions, is facing potential suspension from the practice of law.

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Trustee Looks to Question Former Leclairryan Insiders in Bankruptcy Case

NewsThe trustee overseeing the bankruptcy liquidation of Richmond law firm LeClairRyan is starting to dig a little deeper.

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Layoffs Hit Furloughed Staffers at Two Biglaw Firms, Lawyers and Staffers at Another

News
Layoffs are hitting workers at Baker McKenzie, Davis Wright Tremaine and Venable.

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6 Proven Steps to Maximize Insights from Your Legal Spend Data

6 Proven Steps to Maximize Insights from Your Legal Spend Data

InsightsImproving rate management to optimize cost-effectiveness of your legal department operations.

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Overbilling Suit Alleges K&L Gates Used These Techniques to Increase Fees

News
An overbilling lawsuit filed against K&L Gates on Monday alleges the law firm used multiple techniques to increase its fees fraudulently while representing a company in a suit over a failed lease agreement.

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Tips for Virtual Negotiations

News
Read tips on how to effectively conduct virtual negotiations—where communications involve the ability to hear and see (at least a headshot of) the other parties.

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