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Milbank's Revenue Jumps 18% as Profits Soar 19% and Nonequity Tier Grows
The firm's 18.6% jump in PEP to $5.114 million occurred as Milbank saw a 51% expansion in its nonequity tier.
How Midsize Firms Can Compete In Wake Of High Payouts For Associates
In response to recent raises to associate base salaries, midsize firms that can't match will reinforce the message that their associates have an accessible and meaningful career path, write Pro Mid Market columnists at recruiting firm The Foster group.
Cozen O'Connor Announces First-Year Salary Increases in Phila., New York and Washington
First-year associates in Philadelphia will earn $195,000 while those in New York and Washington, D.C., will get bumped up to $205,000.
Pressure on UK Law Firms as US Competitors Raise NQ Pay Again
As US firms match the Cravath scale, domestic UK firms will fear falling too far behind.
Morgan Stanley Agrees to Pay $249 Million to Resolve Block Trading Investigations
Manhattan U.S. Attorney Williams emphasized that the resolution also demonstrates that his office is willing to "evaluate each case and each prosecution on its facts and circumstances" and consider alternatives to prosecution.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Eight Months After Raiding Atlanta Law Firms, Bradley Arant Continues to Recruit
Bradley Arant is "seeing growth in areas where other firms are intentionally restricting that growth in terms of lateral hires," said Atlanta office managing partner Sidney Welch.
Ropes, King & Spalding, Faegre Drinker Advise on Proposed $12.6B Health Care Merger
The combination of Philadelphia-based Jefferson Health and Allentown Pennsylvania-based Lehigh Valley Health would host 30 hospitals and more than 62,000 employees spread across Pennsylvania and southern New Jersey.
Ropes, Wachtell and Milbank Guide Nippon Steel's $14B Acquisition of US Steel
The transaction—which is facing some opposition—is expected to close in the second or third quarter of 2024.
While Polsinelli Had a 'Lighter' Year in 2023, Firm Grew Profits 13%
The firm reached $856 million in revenue, and more than $1.9 million in average profits per equity partner, as its equity ranks stayed flat.TRENDING STORIES
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