Law Firm Associates

International Edition

Cravath Cuts Finance Associates in London Office

By Charlotte Johnstone | May 5, 2023

The cuts come soon after the elite Manhattan-based firm launched an English law offering for the first time.

2 minute read

International Edition

Allen & Overy and Linklaters Increase NQ Pay

By Jack Womack | May 3, 2023

The firms are catching up to their rivals.

2 minute read
International Edition

In Their Own Words: The Reasons Associates Move Jobs

By Charlotte Johnstone | May 3, 2023

'I want people to recognise the name when I tell them what firm I work for,' said one. 'To get a deposit in London quicker,' added another.

7 minute read

International Edition

Young Lawyers Are Willing to Sacrifice Their Comp for These Benefits

By Andrew Maloney | May 1, 2023

Many young lawyers said they would exchange some of their pay for lower billable hours, a recent survey found. Now more law firms are creating additional paths to partnership with lower hours requirements.

5 minute read
International Edition

Shearman's Financial Issues Mount, Sources Say, but New Leader Sees Path Forward

By Patrick Smith | April 27, 2023

Senior partner Adam Hakki noted that while 2023 will be a transition year, many of the firm's practices are thriving and partners are being paid "consistent with our long-standing profit distribution practices."

7 minute read
International Edition

Cadwalader Makes Cuts in Associate and Business Professional Ranks

By Patrick Smith | April 18, 2023

Sources familiar with the moves said the cuts in business professionals addressed business and efficiency needs while the attorney cuts followed the firm's annual review process.

2 minute read
International Edition

What Is Your Partnership Conversation Strategy?

By Stuart J. Barnett | April 13, 2023

Ideally, the partnership conversation is straightforward, with a senior decision maker tapping you on the shoulder. More often, the partnership conversation can feel more like dating than a business decision, with the firm often being the party playing hard to get.

7 minute read
International Edition

Clifford Chance Alumnus From Italy Was Victim in Israel Terror Attack

By Anne Bagamery | April 12, 2023

Alessandro Parini, 35, who practiced at Clifford Chance from 2011 to 2020, was killed in a car-ramming attack in Tel Aviv on April 7.

2 minute read
International Edition

Paul Hastings' Now-Viral Associate Presentation Highlights That Law Firm Culture Doesn't Come Just From the Top

By Patrick Smith | April 10, 2023

The slide by a Paul Hastings associate demonstrates how tone, culture and expectations can be set throughout the law firm—not just by those sitting in the executive ranks.

6 minute read
International Edition

'You Are Online 24/7': Why a Paul Hastings Presentation Went Viral and What It Says About Law Firm Culture

By Patrick Smith | April 5, 2023

Paul Hastings said the material was prepared by an associate "and the views expressed do not reflect the views of the firm or its partners."

5 minute read
The American Lawyer

Layoffs at K&L Gates Hit Associates in Chicago, Boston, D.C., Pittsburgh

By Justin Henry | December 8, 2023

Every year, K&L Gates manages headcount based on "personnel performance, client demand and related reviews," which typically result in "personnel decisions," the firm's representative said in a statement. Leaders declined to comment directly on the cuts.

3 minute read
The Recorder

What Happens When You Go Viral? How a Law Firm Associate Manages Her Social Media Success

By Colleen Murphy | December 8, 2023

"I was already at my first firm when I started gaining a following, as opposed to just getting some followers or having something go viral," said Reb Masel, an associate at a mid-size law firm and viral TikTok content creator. "As an associate seeing that happen, where is it in our legal handbook that says, 'When you go viral this is probably the point where you need to call a meeting.'"

5 minute read
Daily Business Review

Finding a Remote Mentor and Making It Work: My Experience With a Miami Partner

By Brooke M. Mesner | December 8, 2023

Mentorship looks different in 2023, now that remote and hybrid work has become the norm. Here's how to make it work.

5 minute read
Law.com

Associates at UK Firm Slaughter and May Say Pro Bono 'Just Isn't Worth My Time'

By Charlotte Johnstone | December 8, 2023

The associates say they work long hours just to do their regular work and that there's no time for hours on pro bono.

3 minute read
The American Lawyer

'Staggering' Jump in Law Firms Planning to Expand Nonequity Partner Ranks

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.

4 minute read
National Law Journal

On Top of Matching Pay Raises, Arnold & Porter Offers Higher Bonuses for High-Performers

By Abigail Adcox | December 7, 2023

Associates who billed 2,400-2,499 hours will receive an additional 10% bonus, while the firm will pay more for those who bill higher.

2 minute read
The Legal Intelligencer

People in the News—Dec. 7, 2023—Levan, Hangley Aronchick

By Victoria Pfefferle-Gillot | December 7, 2023

Richard A. Levan, managing partner of Levan Legal, is a course planner and set to co-moderate for the Federal Securities Law Forum sponsored by the Philadelphia Bar Association.

3 minute read
Litigation Daily

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

By Ross Todd | December 7, 2023

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
Law.com

Law Firms' Command-and-Control Management Style Isn't Working—What Now?

By Tracy LaLonde | December 6, 2023

The command-and-control style of management is present in many law firms—and while it may arguably have worked in the past, it's become increasingly ineffective as motivation, expectations and tolerance of associates have evolved.

6 minute read
The American Lawyer

Full Circle: Milbank Matches Latest Associate Pay Scale

By Patrick Smith | December 5, 2023

Milbank's mid and senior associates are getting another pay raise.

2 minute read

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