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WHAT WE'RE WATCHING

COMPENSATION RECONFIGURATION - In Big Law, money talks, but not everyone likes what it has to say. Though few law firms in the Am Law 100 still use a pure lockstep partner pay system, many struggle to strike a balance between seniority and productivity that doesn't alienate key stakeholders. Rainmakers expect to be paid commensurate with their productivity, while lifers expect to be rewarded for their loyalty and longevity. But, as recent years' economic cycles highlight the financial disparities between different practice areas, and partner pay surpasses $20 million at some firms, firm leaders have a reinvigorated interest in reevaluating their comp systems, Law.com's Justin Henry reports.

TAKING LESSONS - Earlier this week, we told you about the rise in "side hustles" among Big Law attorneys. While some might worry an ancillary gig could get in the way of their practice, those lawyers who have dabbled in other pursuits say the experience has actually made them better at their main jobs. For example, John McBride, a Norton Rose Fulbright partner who also co-founded a Chicago-based cocktail bitters company called Devil's Retort in 2009, told Law.com's Andrew Maloney his side business has given him a deeper appreciation for his law clients. "My business couldn't afford to pay my legal rates," he quipped. adding. "I think something that really does apply to my legal work is just recognizing how complex regulation, employment—all these things are."

ON THE RADAR - Edmund Polubinski, Marie Killmond and Patrick W. Blakemore from Davis Polk & Wardwell have entered appearances for UiPath, a software developer focused on automating repetitive workflows, its CEO and CFO in a pending securities class action. The case, filed Sept. 9 in New York Southern District Court by Robbins Geller Rudman & Dowd and Robbins, accuses the defendants of falsely misrepresenting the company's financial growth and failing to identify its lack of sustained competition with enterprise software vendors such as, Microsoft; IBM; and Salesforce. The case, assigned to U.S. District Judge Denise L. Cote, is 1:23-cv-07908, Gera v. UiPath, Inc. et al. Stay up on the latest state and federal litigation, as well as the latest corporate deals, with Law.com Radar.  

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