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May 22, 2024 | The American Lawyer
"The market is the reality and you have to live in that reality. You can't have your head in the sand," said industry expert Peter Zeughauser.
By Justin Henry
5 minute read
May 16, 2024 | The American Lawyer
The New York firm joins several elite peers in stretching the spread in equity partner compensation, as competition for top earners intensifies.
By Justin Henry
4 minute read
February 9, 2024 | The American Lawyer
After profits per equity partner dipped by 5.7% in 2022, they climbed by 6.6% in the last year, according to data from Citi's Global Wealth at Work Law Firm Group.
By Justin Henry
5 minute read
February 5, 2024 | The American Lawyer
Given the cost and technical expertise required to develop large language models, it's not surprising the majority of firms interviewed by The American Lawyer are relying on tech vendors with pre-existing clout in the industry.
By Justin Henry
10 minute read
January 29, 2024 | The American Lawyer
At least 41 of the U.S.'s highest grossing firms are putting the much-discussed technology to use, exploring opportunities for legal work and on the business side of operations.
By Justin Henry
10 minute read
January 23, 2024 | The American Lawyer
Stephen Volk spent a decade as senior partner at Shearman & Sterling. After retiring from the firm, he held tenures as vice chairman and chairman of Credit Suisse First Boston and vice chairman of Citigroup.
By Justin Henry
2 minute read
January 18, 2024 | The American Lawyer
"One troubling fact was that it was never explained internally, even to partners, why our global C-suite all the sudden departed in a short period of time," Stephen Aschettino said of his former firm. "The reasons for that have never been articulated."
By Justin Henry
5 minute read
January 16, 2024 | The American Lawyer
"It is so much easier to keep people happy when they can't see someone is making more than them even though they have more in originations," said Jeffrey Lowe, recounting the message he hears from firms with opaque compensation models.
By Justin Henry
5 minute read
January 11, 2024 | The American Lawyer
The adoption of a nontransparent pay system comes as firm leaders seek to reduce internal tensions as the spread of compensation expands.
By Justin Henry
3 minute read
December 28, 2023 | The American Lawyer
Though firms have different approaches, the momentum in partner compensation is heading toward merit-based rewards to compete for rainmakers and grow profitability.
By Justin Henry
9 minute read
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The Texas Lawyer honors attorneys and judges who have made a remarkable difference in the legal profession in Texas.
The Daily Report is honoring those attorneys and judges who have made a remarkable difference in the legal profession.
Health Law Associate CT Shipman is seeking an associate to join our national longstanding health law practice. Candidates must have t...
Shipman & Goodwin LLP is seeking two associates to expand our national commercial real estate lending practice. Candidates should have ...
Associate attorney position at NJ Immigration Law firm: Leschak & Associates, LLC, based in Freehold, NJ, is looking for a full time ass...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS