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'Tone Deaf' or 'Sign of Healthy Industry'? Am Law 100 Firm Leaders Weigh In on Milbank Raises
Some leaders in the lower half of the rankings no longer see elite firms' pay raises as a competitive pressure because the market has become so stratified.
Associate Pay Raises Escalate GC Fears of Billing Rate Hikes
Some GCs are voicing concerns about further rate hikes after associate pay raises. But Milbank's chair said the salary raises wouldn't have a material effect on its billing rate decisions in the future.
Report: Tort Lawsuits Stuttered in 2022, but They're Poised to Bounce Back
The 2023 Torts Litigation Report, by Lex Machina, a division of LexisNexis, found there were 14,375 tort lawsuits filed in federal courts last year, among the lowest levels in a decade.
Milbank Raises Associate Salaries and Announces Year-End Bonuses
The firm's chair pointed to "a very, very busy year" across the firm—one in which productivity was "materially" increased, as well as increasing cost of living.
Pacesetter Research: Should Professional Services Firms Speak up?
We live and work in an increasingly volatile world. Is it appropriate for professional services firm to assert their voice in that world?
See Who Passed the July 2023 New York Bar Exam
Of the 9,779 candidates who took the most recent bar exam, 6,481 passed for an overall passing rate of 66%.
New Partner Training Is a Key Component of Law Firm Success
Training new partners helps them develop the necessary skills to become successful attorneys and eventually leaders in their firms. This investment demonstrates the commitment the firm has to the young partner which will reduce attrition and enhance engagement.
Overbilled by $695K: Judge Rules Lawyers Failed to Disclose New Fee Agreement Provisions to Client
A federal judge in Massachusetts partially granted summary judgment to a plaintiff who alleged that her attorneys overbilled her after successfully representing her in an underlying $10 million premises liability action.
Innovation: Epstein Becker Green
"'You do the math. You solve one problem... and you solve the next one... and then the next. And if you solve enough problems, you get to come home,' or succeed, or win, or save the day for a client, or whole group of clients."TRENDING STORIES
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Corporate Transparency Act Resource Kit
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Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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