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compensation

Report Highlights: Associates’ Retention Factors in Law Firms

Compensation Tops the List Compensation remains the primary factor influencing associates' decision to stay at their law firms, followed closely…

Oregon Jury Orders PacifiCorp to Pay $62 Million in Wildfire Damages

An Oregon state jury has ruled against PacifiCorp, an electric utility owned by Warren Buffett's Berkshire Hathaway, ordering the company…

Oklahoma Man Exonerated After Nearly Five Decades in Landmark Case

In a historic turn of events, Glynn Simmons, a 71-year-old Oklahoma man, has been declared innocent after enduring an astonishing…

Boies Schiller Announces Competitive Pay Scale and Bonus Structure

In a recent development, Boies Schiller has revealed an impressive pay scale, matching the industry's highest standards for its most…

Quinn Emanuel Breaks the Mold with Special Fall Bonuses for Associates

In a legal landscape that has seen some Biglaw firms making cost-cutting decisions such as laying off associates or deferring…

Oracle’s New Legal Chief, Stuart Levey, Earns $12.8 Million in Inaugural Year

Levey's Compensation Package Comparable to Other Top In-House Lawyers In 2023, Stuart Levey, the Chief Legal Officer of Oracle Corp.,…

US Ordered by International Court of Justice to Compensate Iran for Frozen Assets

On March 31, 2023, the International Court of Justice (ICJ) delivered a judgment in the case of the Islamic Republic…

Law Firm Adopts 3-Day Work Week and Ties Attendance to Compensation

Law firm Sidley Austin is threatening to reduce the bonuses of its midlevel associates if they do not spend enough…

IP Litigation Boutique Desmarais Tops Associate Salary Scale

Summary: New York IP litigation boutique Desmarais is the new ruler of the associate salary scale, raising the bar by…

First-Year Compensation Increases Announced

Summary: The latest round of first-year associate salary increases is continuing with Vinson & Elkins releasing their new compensation rate.…

Top Lawyers Are Leaving for Firms Emphasizing Performance over Seniority

Summary: Cravath has been losing its top talent to rival law firms due to their limiting management style, limiting the…

Obermayer Rebmann Still Facing Lawsuit Brought by Former Associate Regarding Bonus Issues

Summary: Even though most of the claims against the firm have been discredited, the court would not dismiss the key…