Kaye Scholer Slashes Associate Pay
Kaye Scholer is cutting pay for associates who bill under 1,600 hours this year. First- and second-years who aren't on…
billable hours
Pillsbury Cuts Associate Pay [Update]
Pillsbury, which offered associates $60,000 to leave the firm, is imposing associate salary reductions based on hours. Salaries are being…
Hildebrandt: Demand for Legal Services Down 8%
According to the Hildebrandt International Peer Monitor Index, demand for legal services dropped by more than 8% compared to Q1…
Crowell & Moring Reducing Salaries for Some Lawyers
Crowell & Moring has told as many as 20 lawyers across the firm that their salaries will be reduced in…
Pillsbury Hiring for Trusts & Estates Practice
Pillsbury, which fired 155 in March, is hiring lawyers for its trusts & estates practice. Palo Alto-based partner Jennifer McCall,…
Update: Hogan & Hartson Reduces Pay for Certain First-Year Associates
Yesterday Hogan & Hartson laid off 93 US support staff. Today we learn more about changes in compensation for associates…
Patton Boggs Adopts New Compensation System
Washington, DC-based Patton Boggs is adopting a new compensation plan for partners, retooling a long-held "eat-what-you-kill" system to reward partner…
Stanford Law Launches Professional Center
Stanford Law School has launched the Stanford Center on the Legal Profession, which will focus on professional responsibility, leadership development…
Arent Fox Latest to Freeze Salaries
Washington DC law firm and lobbying group Arent Fox will freeze associate base compensation at the current 2008 rates for…
Morgan Lewis Adopts Merit-Based Bonuses
Philadelphia's Morgan Lewis & Bockius will adopt a merit-based bonus system for associates in 2009. The firm is doing away…
Cravath Lawyer: Kill the Billable Hour
Evan R. Chesler, a Presiding Partner at New York's Cravath, Swaine & Moore LLP, has made a bold suggestion in…
Female Partners in DC Firms Take More Part-Time Hours Than Men
An interesting story at the DC Examiner, about the results of a study from the National Association for Law Placement: Female…