associate compensation

Bonus Season Highlights Varying Approaches Among Law Firms

The much-anticipated bonus season is underway, with many law firms aligning their compensation structures to match market expectations. However, not…

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

In a highly competitive year for talent retention and recognition, four prestigious BigLaw firms—Paul Weiss Rifkind Wharton & Garrison LLP,…

Milbank LLP has set an impressive tone in the legal industry by becoming the first major Biglaw firm to announce…

Reed Smith, a prominent law firm, has confirmed adjustments to its associate compensation structure, prompted by a leaked memo revealing…

Like so many of its counterparts, WilmerHale announced that associates will receive a spring bonus to be paid on April…

We spent much of the first half of winter bemoaning the sorry state of associate bonuses which held firm at…

In yet another sign that things are looking up in the legal industry, Linklaters became the second Magic Circle firm…

Good morning everyone! Today is Wednesday, November 24th. Here's a quick look back at yesterday's headlines. The exchange of artillery…

Last year, Cravath kicked off the bonus season with a bonus schedule that represented huge cuts from previous years. Most…

As a firm, Dickstein Shapiro shared the country's economic woes in 2009 with revenues dropping by 4.78% and profits dipping…

Winston & Strawn froze salaries last year and now it appears that the freeze is still on. Associates received emails…