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Law Firm Management

Top 50 Biglaw Firm Matches DPW Scale But Raises Won’t Be Effective Until 2022

NewsJuly 1 has come and gone, and Biglaw associates across the country whose firms have matched are now eagerly awaiting their fat new paychecks on the $205K Davis Polk salary scale

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Stat of the Week Biglaw Bill Rates Creep Up Again

NewsFor corporate law departments, doing more with less became a pandemic-era cliche, as many faced the combination of increasing legal challenges and reduced organizational revenue

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Biglaw Firm Announces New Salary and Bonuses at the Same Time — All to Be Paid in 2022

NewsEven though July 1 has come and gone, Biglaw firms are still announcing compensation moves. This weekend, yet another firm made fireworks when it notified associates that salaries…

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Associates Are Flying Away With Big Money At This Biglaw Firm

NewsGood news for associates that haven’t, just yet, gotten the raises making their way through Biglaw firms are still announcing salary increases. The latest firm to make associates happy

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Biglaw Firm Raises Salaries But Don’t Get Too Excited

NewsListen, at the end of the day, any raise is better than no raise. And while associates may get pangs of jealousy when they hear about the $205,000 pay day for their peers,

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Biglaw Partners Should Think Like Franchise Owners

NewsThere can be more than one motivation underlying that sentiment. The chance to earn more money tends to be part of the appeal, particularly if the lawyer is treating an especially successful client

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Big Law Embraces Juneteenth with Programs, Days Off for Workers

NewsBig Law is stepping up efforts to recognize Juneteenth which falls on Saturday after last year’s protests and firms own diversity shortcomings put a spotlight on racial inequities in the U.S

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Top 50 Biglaw Firm Announces Big-Money Raises for Associates

NewsAnother day, another announcement made in the 2021 race to raise associate salaries across the Biglaw landscape. There are just a few…

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Big Law Leaders Back Alvin Bragg in Manhattan DA Race

NewsCampaign finance records show several Big Law leaders are backing Alvin Bragg a former federal prosecutor and deputy New York attorney general in Tuesday’s election

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Big Law’s Innovation Title Is Easy to Win and Easier to Lose

NewsA law firm announces new innovators or innovative ideas. These grab the attention of a cynical industry The story becomes Big Law is finally changing The particular law firm becomes the proof

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Why Big Law Has a Stake in the Harvard Admissions Case

NewsThe U.S. Supreme Court is clucking like a chicken about affirmative action in higher education.It just requested that acting Solicitor General Elizabeth Prelogar weigh in

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Plaintiffs’ fortitude: It’s an admirable must when battling corporate fat cats

NewsWhile too many of us get overdosed with clownish depictions — from doctors, hospitals, insurers, and corporations, especially Big Pharma firms

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Entry-Level Lawyers Are Now Making $200,000 a Year

NewsSalaries for junior lawyers are rising above $200,000 at many top law firms for the first time, following a year of record-breaking profits in the legal industry and competition to retain a workforce that has billed long hours at home during the pandemic…

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Biglaw Firms Better Match The New Salary Scale ASAP If They Want To Retain Their Talent

NewsFirms have been busier than ever and this is one way to demonstrate an appreciation for their associates, but also to show more broadly the long-term financial strength of the firm…

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Lawyers Get $164K Bonuses to Keep Working 100 Hours a Week

NewsIn September 2020, Cooley LLP, a Palo Alto-based law firm, announced it was handing out $2,500 to $7,500 in one-time payments to associates.

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Biglaw Firms Change Hiring Criteria In ‘White-Hot Market’

NewsBiglaw firms are doing everything they can to hire new associates in this super-competitive, post-COVID market, and to snatch top talent, some of them are expanding their searches outside of their traditional recruitment criteria.

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The Future of the Big Law Office Is Now, Thanks to Covid-19

NewsMany of the attorneys making their way back to Perkins Coie’s Seattle office will reconnect with colleagues in person for the first time in a long time, with some sharing workspace more than ever before.

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McDermott Adds Six Transactional Partners Amid Corporate Boom

NewsMcDermott Will & Emery is picking up six transactional partners as builds out across the U.S. amid record levels of corporate and transactional activity for law firms in the wake of the coronavirus pandemic.

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Kirkland Welcomes Private Equity Partner John Kaercher

NewsKirkland & Ellis LLP is pleased to announce that John Kaercher has joined the Firm as a partner in the Corporate Practice Group to help launch its Austin office.

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Leading New Firm and Lawyer Rankings in Chambers USA 2021

NewsThis year’s Chambers USA 2021 features over 8,000 firm and almost 22,000 individual rankings in more than 2,000 practice areas, across all 50 states and nationally.

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