The American Lawyer | Analysis
By Justin Henry | December 12, 2022
In October and November, lateral partner moves dipped 14% and lateral associate moves dipped 25% from the same two months in 2021, according to data from Decipher. But how does the raw data compare to historical norms?
The American Lawyer | Analysis
By Justin Henry | Jessie Yount | December 9, 2022
The incoming associate class at Cooley numbered more than 100 this year. The influx of first-year associates in Big Law will be a challenge for those just laid off.
By Dan Roe | December 7, 2022
The law firm offered three months of severance pay to all associates and a minimum of one month for staff after laying off a combined 150 employees earlier this month.
The American Lawyer | Analysis
By Justin Henry | Jessie Yount | December 6, 2022
Corporate associates in Palo Alto and San Francisco were especially targeted by the latest round of layoffs. Many attorneys received a three-month severance package.
By Jessie Yount | December 6, 2022
The Los Angeles-based firm joined the roster of several other Am Law 100 firms offering additional payment for "extraordinary" contributions.
By Andrew Maloney | December 6, 2022
Several law firms say they are giving out additional bonus money to high-performers. But firms generally know eligibility will be limited based on the decline in demand this year.
By Patrick Smith | December 1, 2022
While Skadden became the latest firm whose year-end bonuses were confirmed, few other firms have announced associate bonuses. "They are scared shitless," said one Am Law 25 firm leader about peers.
The American Lawyer | Analysis
By Bruce Love | December 1, 2022
The trend seems to be a renewed recognition of both the talent and business opportunities these firms have in markets around the world.
By Justin Henry | November 30, 2022
A majority of the lawyers affected are associates, along with a few counsel, said a person familiar with the cuts. No partners were laid off.
By Patrick Smith | November 30, 2022
Unlike Cravath, McDermott detailed bonuses for eighth-year associates.
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