Goodwin Procter’s gross revenues fell 4% in 2009 to $658 million and per partner profits dropped 3% to $1.27 million. Although discouraging,...
2009 was a bad year for the economy and the legal sector took its share of licks, but there are success stories...
Vinson & Elkins associates are having their salaries thawed out and returned to where they would have been without the salary freeze....
Good morning! Today is Tuesday, January 26, and here’s your morning roundup… A Pepper Hamilton Partner is the lead investor in a...
Hughes Hubbard is thawing out salaries and junior associates are getting a double bump, placing them where they would have been had...
Cooley Godward has lifted last year’s salary freeze, sort of. First years will continue to make $160k, which puts them ahead of...
Drinker Biddle is moving to a merit based pay system, becoming the latest in a string of major law firms to abandon...
The lockstep march away from lockstep compensation continues unabated as 2010 gets into full swing. The latest firm to join the thundering...
Kaye Scholer is cutting first year associate salaries to $145k, but unlike many other firms they aren’t doing it under the guise...
Pillsbury’s first year associates outside of New York are receiving a salary cut, down to $145k. Any first year that bills in...
Weil Gotshal is paying most of its associates on the Sullivan & Cromwell scale – $7500 for the first years up to...
Akin Gump has lifted its salary freeze and is planning to pay out bonuses, according to a memo sent out by firm...
