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January 26, 2024 | The Legal Intelligencer

Cozen O'Connor Announces First-Year Salary Increases in Phila., New York and Washington

First-year associates in Philadelphia will earn $195,000 while those in New York and Washington, D.C., will get bumped up to $205,000.
2 minute read
January 26, 2024 | The American Lawyer

Pressure on UK Law Firms as US Competitors Raise NQ Pay Again

As US firms match the Cravath scale, domestic UK firms will fear falling too far behind.
4 minute read
January 12, 2024 | New York Law Journal

Morgan Stanley Agrees to Pay $249 Million to Resolve Block Trading Investigations

Manhattan U.S. Attorney Williams emphasized that the resolution also demonstrates that his office is willing to "evaluate each case and each prosecution on its facts and circumstances" and consider alternatives to prosecution.
3 minute read
January 03, 2024 | Daily Report Online

Eight Months After Raiding Atlanta Law Firms, Bradley Arant Continues to Recruit

Bradley Arant is "seeing growth in areas where other firms are intentionally restricting that growth in terms of lateral hires," said Atlanta office managing partner Sidney Welch.
4 minute read
December 20, 2023 | The Legal Intelligencer

Faegre Drinker Among Firms Guiding Proposed $12.6B Jefferson Health, Lehigh Valley Health Network Merger

The combination of Philadelphia-based Jefferson Health and Allentown Pennsylvania-based Lehigh Valley Health would host 30 hospitals and more than 62,000 employees spread across Pennsylvania and southern New Jersey.
3 minute read
December 20, 2023 | The American Lawyer

Ropes, King & Spalding, Faegre Drinker Advise on Proposed $12.6B Health Care Merger

The combination of Philadelphia-based Jefferson Health and Allentown Pennsylvania-based Lehigh Valley Health would host 30 hospitals and more than 62,000 employees spread across Pennsylvania and southern New Jersey.
3 minute read
December 18, 2023 | The American Lawyer

Ropes, Wachtell and Milbank Guide Nippon Steel's $14B Acquisition of US Steel

The transaction—which is facing some opposition—is expected to close in the second or third quarter of 2024.
2 minute read
December 12, 2023 | The American Lawyer

How Some Big Law Firms Can Afford Associate Salary Raises

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.
5 minute read
December 07, 2023 | Litigation Daily

Why Elite Trial Firms Compete in the Associate Salary and Bonus Game

A whole host of trial-centric firms have met or exceeded the Big Law scale set by Cravath, Swaine & Moore. Here's a look at how and why.
4 minute read
December 06, 2023 | The American Lawyer

Despite Expense 'Dent' From Pay Raises, Law Firms Expect to See Rebound in Transactional Practices

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.
6 minute read

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