Associates at both Biglaw and boutique law firms are looking forward to a festive season with heftier bank accounts, thanks to the...
Steptoe LLP, a prominent BigLaw firm, is set to implement a new, flexible compensation system in 2025 that offers associates the choice...
In recent times, law firms are increasingly making adjustments to partner compensation due to factors such as decreased productivity and upcoming retirements....
A recent survey by Law360 Pulse revealed that only 52% of lawyers are satisfied with their overall compensation. However, this figure increases...
Lawsuit Accusations On August 1, 2024, a class action lawsuit was filed against the law firm Duane Morris, alleging that the firm...
Extension of Referral Bonuses Kirkland & Ellis, renowned as the world’s most profitable law firm, has announced the extension of its referral...
Predictability and Stability The lockstep model ensures a clear and predictable salary progression. This predictability is highly attractive to lawyers seeking long-term...
Top Wall Street lawyers are in such high demand that bidding wars for their services are becoming commonplace, resembling the frenzy in...
Massive Legal Fees and Hours Logged Sullivan & Cromwell has requested approximately $200 million in fees as debtor’s counsel in the bankruptcy...
Leading the Pack: Hughes Hubbard & Reed Hughes Hubbard & Reed distinguishes itself by offering new associates a top salary of $235,000....
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