Counsel News and Events for Attorneys and Executives

Tag: LawFirmManagement

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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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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Former District Attorney Represents Some He Once Prosecuted

NewsA former district attorney in Mississippi’s largest county is now representing some people he once prosecuted, court documents show.

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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

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

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

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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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Billion-Dollar Am Law 50 Firm Walks Back Its COVID-19 Salary Reductions

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The latest firm to roll back salary reductions is K&L Gates, another member of the billion-dollar club that placed 39th in the Am Law 100, with $1,026,626,000 in 2019 gross revenue.

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Attorney Fieger Sued for Discriminating Against Mother of Sick Child

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Attorney Geoffrey Fieger, one of Michigan’s most prominent lawyers, refused to let one of his employees work from home to care for her sick child during the coronavirus pandemic, according to a new lawsuit.

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Former Reed Smith Lawyer Sues Law Firm for Alleged Discrimination After Receiving Concussion

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A lawsuit has accused Reed Smith of wrongly firing a lawyer after a ‘discriminatory chain of perceptions and events’ stemming from a concussion that the lawyer received while on vacation.

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BigLaw Firm Sued Over $3M Wire Transfer to Fraudster’s Account

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Holland & Knight is facing a lawsuit alleging that it failed to prevent the transfer of more than $3 million to a fraudster’s account in Hong Kong.

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