The American Lawyer | Analysis
By Andrew Maloney | December 12, 2023
Most of the law firms that have confirmed matches to the latest associate salary scale have PEP above $2 million a year and more than $1 dollars in gross revenue.
By Andrew Maloney | December 7, 2023
The average annual growth in income partner classes at some of the most profitable firms between 2017 and 2022 was 13.4%, while at other large, two-tier partner firms, it was 4%, according to a report this week.
By Patrick Smith | December 6, 2023
Proskauer will have an election to fill Steven Ellis' position in January, with the newly elected chair taking the reins in April 2024, according to managing partner Daryn Grossman.
By Andrew Maloney | December 6, 2023
Firms can anticipate a rebound in transactional practices heading into 2024. "As such, we expect 2024 to be a better year than we saw in 2023," said Citi and Hilderbrandt Consulting in a new report.
By Patrick Smith | December 5, 2023
Milbank's mid and senior associates are getting another pay raise.
By Patrick Smith | December 4, 2023
Deals continue to come in, though not at a pace most would prefer. Debevoise's Michael Diz said the last couple of years have been one shock after another.
By Dan Roe | December 4, 2023
The litigation shop's formula compensation system rewards associates for originating clients and contributing to contingency cases.
The American Lawyer | Analysis
By Andrew Maloney | December 4, 2023
Even before some firms embraced associate salary increases, the legal industry appeared less optimistic heading into 2024 than they were going into 2023, according to a recent survey.
The American Lawyer | Analysis
By Andrew Maloney | November 30, 2023
Second Hundred law firm leaders said that, while they keep tabs on top-of-the-market compensation, they don't feel compelled by it.
By Patrick Smith | November 30, 2023
Quinn Emanuel, which is matching the latest base salary scale and bonuses, is expecting profits to increase more than 20% this year.
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