By Justin Henry | February 15, 2024
Embracing the nonequity tier, building bigger bonus pools and moving to a "black box" for individual earnings are all on the table.
11 minute read
By Justin Henry | Dan Roe | February 13, 2024
"It's interesting to me that those in the top 50 did even better than those in the next 50," said Marci Taylor, a law firm strategy consultant and founder of Mantra Partner, in regard to early reports.
6 minute read
By Abigail Adcox | February 12, 2024
"Many do compete with the New York firms," said Wells Fargo's Owen Burman about D.C. firms. "But it's not universal."
5 minute read
By Adolfo Pesquera | February 9, 2024
The court found the plaintiff's attorneys reasonably spent 3,291 hours litigating the breach-of-contract and trade secrets misappropriation issues.
4 minute read
By Thomas Spigolon | February 8, 2024
The Atlanta firm decreased its equity partner tier by 7.6% to 106 partners, while its nonequity partner ranks expanded by 6% to 146.
5 minute read
By Amanda O'Brien | February 8, 2024
The suit says that income partners and counsel were forced to defer a portion of their annual compensation into the firm's pension plan, despite the pension plan itself not requiring such a contribution, and that money was ultimately commingled with firm operating funds.
4 minute read
By ALM Regional Managing Editors | February 7, 2024
From women leaders claiming dominant roles in Northeast law firms, to one insurance defense firm's business strategy centered around nuclear verdicts and an Am Law Second Hundred firm exceeding top-market bonus pay, midsized firms are making news.
5 minute read
By Thomas Spigolon | February 5, 2024
If midsize firms can't match the top of the market in associate compensation, they should tout other perks to potential recruits, said recruiter Steve Stone. For some, non-financial benefits include earlier access to client contact and work-life balance.
7 minute read
By Amanda O'Brien | January 31, 2024
The six Philadelphia-based firms surveyed by Wells Fargo together increased revenues by 4.7%, compared to a nationwide average of 6.0%.
4 minute read
By By Michelle Foster, Founder & Drew Foster, Managing Director — The Foster Group | January 29, 2024
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.
7 minute read
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Frederick D. Miceli has joined the firm as Of Counsel
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