Tag: LawFirmManagement

General CounselThe march of Biglaw salary matches continues. Following Milbank’s decision to up associate base salaries, firms have started to join the party with raises here and there. Moments ago, one of the largest

General CounselWhat’s a fun way to ensure your associates will not only have a fabulous Friday but a wonderful weekend as well? How about an early morning memo about their shiny new salaries? That’s exactly what the

Law Firm ManagementAs the U.S. deals with yet another wave of COVID infections thanks to the omicron variant, Biglaw firms are trying to figure out what their “new normal” will look like. For some firms, it involves permanent work-from

EnergyOh, baby, baby! The competition for 2021 Lawyer of the Year honors was not a close one, not even one little bit. Our top candidate took home more than 50% of the vote, while our second-place finisher had

EnergyAre you a Biglaw attorney? Are you miserable? Yes, obviously the global pandemic makes everything worse, but even before that there was a deep thread of unhappiness in far too many lawyers. Well, you

EnergyAs corporate transactions picked up at the end of 2020, there were signs the Big Law talent market was ready to take off. Still, nobody could have predicted the frenetic pace of lateral moves in 2021.

EnergyI am running out of words to describe how utterly bonkers the Biglaw lateral market is. I mean, yes, fire is still accurate or red hot if you prefer and yeah, it’s going to keep on going. And law firms are emptying

Law Firm ManagementBig Law firms face a tall task this year repeating their financial performance in 2021, when a surge in demand for premium lawyers’ time drove revenue increases not seen since before the Great Recession. Law firm

EnergyI’m gazing at my crystal ball to divine what’s in store for Big Law from return-to-office to DEI and more. It’s that time of the year when I gaze into my crystal ball to see what lies ahead for Big Law. Here’s what

EnergyEven though announcements may be slower in the new year, bonus season is still in effect. We continue to live in unprecedented times, and in 2021, that translated into one of the wealthiest Biglaw firms

Law Firm ManagementFirms are thriving and lawyers are working more than ever, and there appears to be no end in sight as the industry adapts to the second year of Covid-19. This year saw surging associate compensation, record levels

Law Firm ManagementSome elite Biglaw firms are known for offering market-beating bonuses for their biggest billers. Year after year, they prove that they’re willing to pay for the most committed legal talent by adding

Law Firm ManagementAs 2021 rolls to a close, it is nice to do some reflection on how the year the second of the COVID pandemic treated you. For Biglaw firms, the answer to how was 2021 seems to be an

Law Firm ManagementBonuses are making their way through Biglaw, By and large, the industry had a successful year, and firms are sharing that monetary success with the attorneys who made it all possible. That’s good news for

EnergyWe are officially in the thick of Biglaw bonus season, with firms rushing to show their appreciation to hardworking associates with some cold, hard cash. Money may not buy happiness, but it sure will help you

EnergyBiglaw’s been out there throwing around money to associates in the face of a busy year and a hot lateral market. But they aren’t the only ones with big money to share. Kaplan Hecker Fink, an elite litigation

EnergyMoney, money, money, and much more money: That seems to be the theme this week throughout Biglaw, as bonus announcements are made one after the other, ad infinitum, in the wake of Davis Polk’s match

EnergyThanks to Davis Polk’s long-awaited announcement, the Biglaw bonus levees have officially been breached, and law firms are making their own bonus announcements left and right. Watch out for the flood

EnergyThe current Biglaw lateral market is overwhelming. There are more variables influencing associates career planning and strategic decision making than ever before.  A byproduct is that getting started on a

NewsSince we broke the news of the market bonus scale for associates at large law firms in the United States a trend started on Monday, November 22, 2021 — several firms quickly fell in line and matched the scale.