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…
Law Firm Salary
Associate compensation
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
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
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
Predictability and Stability The lockstep model ensures a clear and predictable salary progression. This predictability is highly attractive to lawyers…
The High Demand for Elite Wall Street Lawyers
Top Wall Street lawyers are in such high demand that bidding wars for their services are becoming commonplace, resembling the…
Sullivan & Cromwell Seeks $200 Million in Fees for FTX Bankruptcy Work
Massive Legal Fees and Hours Logged Sullivan & Cromwell has requested approximately $200 million in fees as debtor’s counsel in…
Top-Paying BigLaw Firms for New Associates
Leading the Pack: Hughes Hubbard & Reed Hughes Hubbard & Reed distinguishes itself by offering new associates a top salary…