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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
December 05, 2023 | The American Lawyer

Full Circle: Milbank Matches Latest Associate Pay Scale

Milbank's mid and senior associates are getting another pay raise.
2 minute read
December 05, 2023 | The American Lawyer

Trial Firms Starting to Match or Exceed Big Law Salary, Bonus Scales for Associates

Litigation boutiques and other small firms compete for the same top law students as Big Law, so they are likely to move to the new, higher market salary and bonus scales for associates.
4 minute read
December 04, 2023 | The American Lawyer

'Not A Rosy Outlook': Law Firm Leaders Are Less Bullish Heading Into 2024

Even before some firms embraced associate salary increases, the legal industry appeared less optimistic heading into 2024 than they were going into 2023, according to a recent survey.
5 minute read
December 01, 2023 | National Law Journal

Covington Matches Latest Salary Scale for Associates

While Covington may be one of the first D.C. firms to match, other profitable firms in the capital region are likely to follow.
2 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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December 01, 2023 | Texas Lawyer

Homegrown Texas Firms V&E, Akin, Baker Botts Match Cravath Salary Scale

The two Am Law 100 firms are the first Texas-founded firms to announce they have moved to the new, higher salary scale set by Cravath Swaine & Moore this week.
4 minute read
December 01, 2023 | Law.com

The Salary Wars That Almost Didn't Happen: The Morning Minute

The news and analysis you need to start your day.
4 minute read
November 30, 2023 | The American Lawyer

The Pressure to Match Associate Pay Raises

At least 70 law firms, mainly across the Am Law 100, had gone up to $215,000 or more in the previous round of associate salary hikes.
1 minute read
November 30, 2023 | The American Lawyer

'Smaller Group' of Law Firms May Match Associate Pay Scale This Time Around

Second Hundred law firm leaders said that, while they keep tabs on top-of-the-market compensation, they don't feel compelled by it.
6 minute read
November 30, 2023 | Law.com

The Salary Wars That Almost Didn't Happen

Just when it seemed Milbank's shot over the bow with associate salary hikes would go unanswered, the market has finally responded, and with increased firepower.
7 minute read

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