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associate compensation

BigLaw Firms Step Up: PaulWeissCleary Gottlieb, Fried Frank, and Weil Match Milbank Bonuses

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

Milbank Takes the Lead on 2024 Year-End Bonuses for Associates

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

Reed Smith Implements New Associate Compensation Structure

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

Spring Bonuses at WilmerHale

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

Shearman & Sterling Jumps on the Spring Bonus Bandwagon

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

Linklaters Paying Spring Bonus to US Associates

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

Morning Roundup

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

Bonus Season has Begun

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

Revenue and Profits down, PPP up at Dickstein Shapiro

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

Winston & Strawn Keeps Salaries Frozen

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

Revenues and Profits Increase at Sheppard Mullin

Los Angeles based firm Sheppard Mullin Richter & Hampton reported slight increases in revenue and profits in 2009. Revenue increased…

Raises (sort of) and Bonuses at Pillsbury

Let's start with the easy part. Associates in the New York office of Pillsbury are having their salaries restored to…