Law Firm Salary

Associate compensation

Lewis Brisbois Faces Ongoing Turmoil: Attorney Exodus, Leadership Shakeup, and Delayed Compensation Undermine Morale

Lewis Brisbois Faces Ongoing Turmoil: Attorney Exodus, Leadership Shakeup, and Delayed Compensation Undermine Morale

Lewis Brisbois Can't Shake Its Reputation for Internal Chaos Despite efforts to stabilize its public image, Lewis Brisbois Bisgaard &…

The Rising Cost of Legal Services: Why Law Firms Charge $2,500 Per Hour & What It Means for Clients

The Rising Cost of Legal Services: Why Law Firms Charge $2,500 Per Hour & What It Means for Clients

Introduction: The Rising Cost of Legal Services The cost of legal services has reached unprecedented levels in 2025, with top…

Latham & Watkins’ 2024 Bonuses: A Record-Breaking Year for Biglaw Associates

Latham & Watkins’ 2024 Bonuses: A Record-Breaking Year for Biglaw Associates

Biglaw firms continue to reward their associates generously after a financially successful 2023, with many announcing matches to Milbank’s year-end…

Hogan Lovells and Perkins Coie Reverse Course, Announce Special Bonuses for Associates

Hogan Lovells and Perkins Coie Reverse Course, Announce Special Bonuses for Associates

Hogan Lovells and Perkins Coie have announced market-rate special bonuses for their associates, reversing earlier decisions not to provide the…

Dechert Goes Above and Beyond with Enhanced Associate Bonuses

Dechert Goes Above and Beyond with Enhanced Associate Bonuses

Biglaw Firms Maintain Competitive Bonuses In the competitive world of Biglaw, firms often follow prevailing market trends when it comes…

Boutique Law Firm Rewards Associates with Generous Bonuses

Boutique Law Firm Rewards Associates with Generous Bonuses

Associates at both Biglaw and boutique law firms are looking forward to a festive season with heftier bank accounts, thanks…

Steptoe Launches Innovative Compensation Model for Associates

Steptoe Launches Innovative Compensation Model for Associates

Steptoe LLP, a prominent BigLaw firm, is set to implement a new, flexible compensation system in 2025 that offers associates…

Law Firms Reassess Partner Compensation Amid Changing Dynamics

Law Firms Reassess Partner Compensation Amid Changing Dynamics

In recent times, law firms are increasingly making adjustments to partner compensation due to factors such as decreased productivity and…

Low Lawyer Satisfaction with Compensation, But Pay Transparency Boosts Contentment

Low Lawyer Satisfaction with Compensation, But Pay Transparency Boosts Contentment

A recent survey by Law360 Pulse revealed that only 52% of lawyers are satisfied with their overall compensation. However, this…

Duane Morris Faces Lawsuit Over Alleged Gender and Racial Pay Inequities

Duane Morris Faces Lawsuit Over Alleged Gender and Racial Pay Inequities

Lawsuit Accusations On August 1, 2024, a class action lawsuit was filed against the law firm Duane Morris, alleging that…

Kirkland & Ellis Offers Junior Lawyers $50,000 Referral Bonuses Amid Increasing Demand

Kirkland & Ellis Offers Junior Lawyers $50,000 Referral Bonuses Amid Increasing Demand

Extension of Referral Bonuses Kirkland & Ellis, renowned as the world’s most profitable law firm, has announced the extension of…

The Appeal of Lockstep Compensation

The Appeal of Lockstep Compensation

Predictability and Stability The lockstep model ensures a clear and predictable salary progression. This predictability is highly attractive to lawyers…