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First-Year Pay on the Rise at Three Philadelphia Firms
Just as folks were digging out from this weekend's snowstorm, a new front hit Philadelphia on Monday: salary increases. Wolf, Block, Schorr & Solis-Cohen raised its starting salary for first-year associates to $125,000. Then, Duane Morris said it would do the same. That was followed by Morgan, Lewis & Bockius bumping up first-year salaries to $135,000 in Philadelphia and many other locations and giving an even higher increase to first-year associates in New York, boosting them to $145,000.Is It Still Safe To Invest In Latin America?
Technical remedies in the form of ad hoc arbitration render Latin America reasonably secure despite the departure of Venezuela, Bolivia and Ecuador from the International Center for Settlement of Investment Disputes Convention.A Delaware Chancery Court ruling in shareholder litigation over Allergan's Botox marketing had some stinging language for the plaintiffs bar, but the sting was worse for Allergan and other defendants. Now, thanks to lawyers at Gibson Dunn and Morris Nichols, it's been erased.
Pillsbury Winthrop Inks Merger Deal With Shaw Pittman
San Francisco-based Pillsbury Winthrop and Washington, D.C.-based Shaw Pittman announced Wednesday that they intend to merge, creating a 900-lawyer giant with national reach and global ambitions. The merger would catapult the newly-formed firm into the top quarter of The Am Law 100 list, long a stated goal of Pillsbury chairwoman Mary Cranston. However, many details remain -- including how many attorneys will exit because of client conflicts and how changes in compensation will shake out.Duane Morris Considers Singapore
Duane Morris is considering plans to open its second international office - this time in Singapore - within one year, according to firm chairman Sheldon Bonovitz.State AI Legislation Is on the Move in 2024
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