Top 20 Biglaw Firm Encourages Associates to Bill for Diversity Work and Community Service

“Biglaw firms across the country are implementing all manner of initiatives to bring attention to the importance of diversity, equity, and inclusion among their ranks. We’ve previously acknowledged nd Wilmer Hale as firms where approved diversity and inclusion-related work will be billable for,” reports Staci Zaretsky in Above The Law.

“Attorneys and will count toward bonus thresholds. We now have news that one of the top firms in the country has amended its billable hours policy in the name of promoting diversity. Greenberg Traurig a firm that brought in $1,730,230,000 gross revenue in 2020 has been focused on this important initiative since July 2020.”

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Stat of the Week: Biglaw Committing to Offices

“This week saw some encouraging legal news for the commercial real estate industry. For Biglaw associates who overwhelmingly support remote work policies, perhaps not so much. According to data from Savills, law firms that use more than 20,000 square feet of office space leased 2.1 million,” reports Jeremy Barker in their Above The Law.

“This marks the highest quarterly total of the pandemic era, and a 51% increase from the previous quarter. Savills experts told Law360 the increase signals a bet among law firms that lawyers can be convinced to return to the office, along with firms renewed interest in long-term commitments” to physical office space. We do have it on good.”

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With New Billable Hours Policy, Biglaw Firm Solidifies Commitment to Making Legal Profession More Inclusive

“Biglaw firms across the country are implementing all manner of initiatives to bring attention to the importance of diversity, equity, and inclusion among their ranks. We’ve previously acknowledged s firms where approved diversity and inclusion-related work will be billable for attorneys and will count,” reports Staci Zaretsky in Above The Law.

“Stoel Rives a firm that brought in $259,328,000 gross revenue in 2020 is putting its money where its mouth is when it comes to its commitment to diversity and inclusion with its new billable hours policy. This is a firm that truly cares about diversity. Last month, Stoel received Mansfield Rule 4.0 Plus Certification from the Diversity Lab.”

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Top 50 Biglaw Firm Offers Associates 50 Billable Hours or Diversity & Inclusion Work

“Biglaw firms across the country are implementing all manner of initiatives to bring attention to the importance of diversity and inclusion among their ranks. We’ve previously acknowledged as firms where approved diversity and inclusion-related work will be billable for attorneys and will count toward,” reports Staci Zaretsky in Above The Law.

“K&L Gates a firm that brought in $1,019,674,000 gross revenue in 2020 recently announced that all attorneys across its global offices would be able to receive up to 50 hours of billable credit for their qualifying internal and external diversity and inclusion work. Here’s an excerpt from the firm’s press release on its new policy.”

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Leaving Biglaw vs. Changing Your Biglaw

“The number of law firm associates that are leaving Biglaw altogether right now is quite high. Associates find opportunities in or out of legal practice which they think will provide better hours with acceptable pay.  The misconception is that if they go to another Biglaw firm that everything,” reports Jason McCann in Above The Law.

“However, there are meaningful differences among associate Biglaw experiences.  If you are at a Biglaw firm yourself, just think about your own firm: If you talk to other associates in different practices areas or different working groups, chances are you will hear about some completely different work cultures. The fact is that there.”

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Why this BigLaw Firm is Embracing an Augmented Automation Solution for Clients

“Wilson Sonsini Goodrich & Rosati announced last month that it had teamed up with Workiva Inc. to create an application that automates the S-1 form that companies must file with the U.S. Securities and Exchange Commission when going public. But David Wang, chief innovation officer at Wilson Sonsini,” reports Lyle Moran in ABA Journal.

“Emphasizes that the firm’s lawyers will still have key roles to play in assisting clients with completing their registration statements ahead of planned initial public offerings. He says that is why he refers to the new application, known as WS-1, as an “augmented automation solution. Our attorneys are able to spend their time working.”

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Top Biglaw Firm Plans to Bring Associates Back to the Office 1-2 Days Per Week, Starting in November

“Biglaw firms’ thoughts on the return to the office in our post pandemic world continue to evolve. While some firms have simply canceled previously scheduled reopenings without announcing a future target date, with the promise of offering 30 days’ notice if a new date should be chosen, others have,” reports Staci Zaretsky in Above The Law.

“The latest firm to do so is Ropes & Gray, a firm ranked at No. 11 on the most recent Am Law 100, with $2,192,810,000 gross revenue in 2020. Right now, Ropes is still within Phase 1 of its reopening plan permissive office use, and had most recently planned to move to Phase 2, a broader reopening for all personnel, on October 18.”

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The Biglaw Firms that Strike Fear in the Hearts of Opposing Counsel 2022

“If you’re working in-house and dealing with bet-the-company litigation, you want the very best litigators in the world to be on your side. You want a firm with litigators so strong that opponents gasp in fear at the very mention of its name. You want a firm that is known internationally for going for,” reports Staci Zaretsky in their Above The Law.

“But how can you ensure that you’ve picked the right firm? BTI Consulting Group just made it a little easier with the release of its annual ranking of the firms most likely to trigger dread in opposing counsel, as determined by a poll of in-house counsel. After reviewing all responses, BTI named the Fearsome Foursome, the most-feared litigation.”

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Michelman & Robinson Exceeds Big Law with Pay Scale Starting at $230K

“Los Angeles-based midsize law firm Michelman & Robinson announced Tuesday a new associate salary scale starting at $230,000, outpacing Big Law’s latest pay rate for first years. The salary bumps taking effect in 2022 will award salary by “level” rather than class year at Michelman & Robinson,” reports Chinekwu Osakwe in their Reuters.

“The starting point of the new scale at 70-plus-lawyer Michelman & Robinson sits $25,000 higher than the current prevailing first-year salary at many of the nation’s largest law firms. Firm co-founder Sanford Michelman said the new salary scale was developed by a task force, but was subject to his final approval. The response by the associates.”

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The Real Threat to Biglaw’s Business Model

“Biglaw has a talent problem. It’s not that more recent law school graduates aren’t capable of doing the work that the industry demands of them, it’s that they are unwilling or at least, less willing to put themselves through the ringer of Biglaw for the benefits that Biglaw is currently willing to give them,” reports Kathryn Rubino in Above The Law.

“Earlier this year, Major, Lindsey & Africa and Above the Law reported on a survey that detailed what priorities are most important for millennial lawyers, and money is only top for ~17 percent of respondents. And ~29 percent said they would trade compensation for more time off, plus ~ 25 percent said a they’d swap money for a more flexible.”

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2 former BigLaw Associates Get Suspensions for Inflating Hourly Records

“The Illinois Supreme Court has suspended two former BigLaw associates who were accused of inflating the time that they spent on cases. John Paul Paleczny, a Chicago lawyer who is a former associate at Lewis Brisbois Bisgaard & Smith, got the tougher suspension. He is suspended for one year,” reports Debra Cassens Weiss in ABA Journal.

“According to an online summary at the website of the Illinois Attorney Registration & Disciplinary Commission. Paleczny was accused in a June ethics complaint of recording more than 2,000 annual hours on a closed pro bono case, earning a $12,000 bonus as a result. He agreed to the suspension, which takes effect Oct. 14.”

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Biglaw Associates Caught Overbilling Lose Jobs, Ability to Practice Law

“Billing is a huge part of working at a Biglaw firm. As an associate, your life is divided into tenths of an hour, and if you don’t meet your hourly requirements by year end, you can expect to be penalized accordingly. Everyone else may be getting enormous bonuses but not you. No, you’ll be lucky if you,” reports Staci Zaretsky in their Above The Law.

“This harsh reality is why some lawyers overbill their clients. If they get caught, the punishment can be even worse than going without a bonus. John P. Paleczny and Stephanie A. Gerstetter, now former associates at Lewis Brisbois and Reed Smith, respectively, learned this lesson the hard way. As reported by the ABA Journal, both Illinois.”

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Yet Another Biglaw Firm Delays Its Reopening Without Announcing A New Return Date

“One by one, firms both small and large have been forced to revise their return-to-office plans due to COVID-19’s hyper-contagious Delta variant. Many firms that once hoped to host reopenings en masse post-Labor Day found themselves rolling those plans back to an October date. Now with October,” reports Staci Zaretsky in Above The Law.

“Loeb & Loeb, ranked 99th in the most recent Am Law 100, with $385,271,000 gross revenue in 2020, is the latest firm to follow this model. The firm’s original reopening plan was quite accomodating for associates and staff, recognizing that flexibility is key to work/life balance. The firm planned to begin the second phase of its return.”

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Top 20 Biglaw Firm Finally Decides It’s Time to Show Associates the Money Outside New York

“It’s been a few months since Davis Polk blew the lid off associate salaries, and while many firms raised pay in some form or fashion, a great number of them adopted lockstep scales across the country. Some elite firms took their time and are just now getting around to it. For example back in june,” reports Staci Zaretsky in Above The Law.

“Greenberg Traurig which brought in $1,730,230,000 gross revenue in 2020, placing it at No. 16 in the most recent Am Law 100 ranking reportedly raised salaries for associates in New York but left other offices hanging. Now, at least one other GT office has joined in the monetary madness that brought associates some joy during the pandemic.”

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Biglaw Giant Continues to Clean House After Bullying Allegations

“It wasn’t that long ago that we told you about the Baker McKenzie partner who, ahem, moved on from the mega Biglaw firm following bullying allegations. The allegations against Morne van der Merwe, the onetime managing partner of the firm’s Johannesburg office, included current and former,” reports Ben Maiden in Above The Law.

“As reported by Jamie Hamilton at Roll on Friday, two other members of the Baker McKenzie leadership team are out. Wildu du Plessis, the now-former head of Baker McKenzie’s Global Africa Practice, and Bruce Schubach, the soon-to-be-former Director of Africa Operations, are on their way out the door. Du Plessis, Schubach.”

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Top 50 Biglaw Firm Says A Full Reopening in 2021 is Unlikely

“The morning air is getting brisk and summer officially ends in two days. Another thing that’s ending is Biglaw firms hopes and dreams of getting associates and staff back into their offices before the new year begins. Thanks to the continued assault of the coronavirus crisis, many of the nation’s most,” reports Staci Zaretsky in Above The Law.

“Prestigious law firms have delayed their reopenings numerous times. But how many postponements does it take for a firm to realize that it may not be safe or wise to reopen in full in 2021? For Holland & Knight a firm that brought in $1,044,337,000 gross revenue in 2020 and recently completed a merger with Thompson & Knight the third time.”

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The Biglaw Firms that Provided the Best Client Service During the Pandemic

“Which Biglaw firms are most beloved by general counsel for their superior client service? If that seems like it was a steep hill to climb during the pandemic, that’s because it was. The BTI Consulting Group set to find out which firms handled the task with ease with its latest ranking, the Client Service,” reports Staci Zaretsky in Above The Law.

“In case you’re unfamiliar with this ranking, it measures the top 30 law firms corporate counsel identify as delivering the very best in terms of client service. To compile the ranking, BTI Consulting spoke with almost 250 legal decision-makers who were asked to name firms that excelled in 17 different client-service-related activities, seven.”

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Biglaw Firm Boosts Salaries

“It’s now mid-September, and some first are just getting around to raising associate salaries. Sure, this trend started back in June, but when it comes to compensation increases for attorneys, the general mood is that it’s better late than never,” reports Staci Zaretsky in Above The Law.

“The latest firm to increase associate salaries is Robins Kaplan, a national trial firm that brought in $191,065,000 gross revenue in 2020, placing it at No. 158 in the most recent Am Law 200 ranking. The Minnesota-based firm was also recently named by Vault as one of the top firms in the Midwest (#25) and as one of the best firms for formal training overall (#21).”

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Top 50 Biglaw Firm Postpones the Official Reopening of Its Offices Until 2022

“Hour by hour, as billable time ticks away, Biglaw leaders have an important decision to make. Will they further postpone their planned office reopenings due to the hyper-contagious Delta variant of COVID-19? By all accounts, it’s looking more and more like the answer is a resounding yes But just,” reports Staci Zaretsky in Above The Law.

“Perkins Coie, for example, has its sights set on a January 2022 reopening. Attorneys and staff were originally supposed to return to the office on October 4. Instead, the top 50 Am Law firm will join the small handful of other firms that will forgo office life for all of 2021. These firms include Cahill, Cooley, Sanford Heisler, and Willkie.”

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More than 100 Biglaw Firms Tackled their Diversity Issues During the Pandemic

“Diversity continues to be a difficult concept for law firms to wrap their arms around, and to do so during a pandemic seemed all but impossible, but somehow, someway, they did it. More than 100 firms were able to deliver on their commitment to diversity during the worst of times, all thanks to,” reports Staci Zaretsky in Above The Law.

“Back in 2017, the Diversity Lab came up with the idea to hold Biglaw firms accountable for their diversity goals by employing a program modeled after the NFL’s Rooney Rule, which requires teams to interview a minority candidate for head coach or general manager vacancies. Here, the Mansfield rule named for Arabella Mansfield, the first.”

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