Law Firm Management

NewsSeven of the nation’s 200 top-grossing law firms received the maximum $10 million loan in the paycheck protection program.

NewsDavis Polk really raised the bar on special bonuses, offering associates up to $40,000 based on class year in recognition of their hard work throughout the pandemic.

NewsThe State Bar of Texas announced attorney discipline sanctions against 14 Texas attorneys on its December list.

NewsPaul Hastings just announced its year-end bonuses, and of course the firm is including special bonuses. No firm as highly ranked and regarded would want to offer associates below-market compensation.

NewsPitchBook has again ranked Cooley as the #1 most active global law firm for all deals in its Q3 2020 Global League Tables – marking the second consecutive quarter Cooley has earned the top spot.

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.

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

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.

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.

NewsSchiff Hardin will reinstate full salaries.

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