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How Some Big Law Firms Can Afford Associate Salary Raises
Most of the law firms that have confirmed matches to the latest associate salary scale have PEP above $2 million a year and more than $1 dollars in gross revenue.
Why Elite Trial Firms Compete in the Associate Salary and Bonus Game
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.
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.
Full Circle: Milbank Matches Latest Associate Pay Scale
Milbank's mid and senior associates are getting another pay raise.
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.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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'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.
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.
The Salary Wars That Almost Didn't Happen: The Morning Minute
The news and analysis you need to start your day.
'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.
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.TRENDING STORIES
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