- Morrison & Foerster Lawyer Named in NAWL Rising Star List 2022Morrison & Foerster – Powered by LawFuel – San Francisco Partner Bonnie Lau was named to the National Association of Women Lawyers’ (NAWL) Rising List for 2022. The women attorneys selected for the NAWL Rising List are recognized for their work and advocacy helping women advance in their careers in the legal profession and/or fighting …
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- Leaving Moscow – More Big Law Firms Leave RussiaThe devastation in the Ukraine rendered by Russian forces is one thing, but Moscow is being abandoned with growing force as big law firms continue to desert the Russian legal landscape. Six leading international law firms have announced plans to pull out of Russia today, including global giants Latham & Watkins and Freshfields Bruckhaus Deringer, …
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- How Cravaths Just Pushed The Big Law Salary Scale NeedleCravaths’ ‘wow’ factor on mid-level and senior associates’ pay levels The Big Law salary scale just took another push from big law salary payer Cravaths . . Cravaths, along with Davis Polk and Milbank are the ‘troika’, as AbovetheLaw describes them, that lead the way on the big law salary scale and – once again …
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- The Groundbreaking Legal Battle Intuit Faces Over Alleged Consumer FraudIn addition to the unusual mass arbitration Intuit is fighting, federal regulators and state prosecutors are still investigating the company, which made $2 billion dollars last year. Justin Elliott* Faced with a class-action suit filed on behalf of customers who claim they were tricked into paying to file their taxes, TurboTax-maker Intuit knocked the case …
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- The BigLaw Partners Earning Big Money at Kirkland & Ellis . . And Where That Leaves The RestKirkland & Ellis is a billion dollar revenue machine but it still faces issues attracting key legal talent – why?
- Legal Services Immunity in the Face of the Pandemic‘What pandemic?’ the legal services markets seem to say . . Legal services revenues have not been touched by the pandemic during the past year, according to figures in the UK that show a major growth in revenues for the sector – a fact that is also evident with the US legal sector. The UK’s …
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- Clifford Chance ReviewsFormer Employee, more than 5 years Organization with good growth prospects 31 Jan 2022 – Technical Manager in Gurgaon, HaryanaRecommendCEO ApprovalBusiness Outlook Pros Good work life balance Good leadership Decent remuneration Good benefits and perks Open and transparent culture Cons Limited choice on kind of work available Love it 17 Jan 2022 – Senior Associate in Beijing, BeijingRecommendCEO ApprovalBusiness …
- Baker McKenzie Wins Leading Law Brand Title For 12th YearBaker McKenzie has been named as the world’s leading law firm brand for the 12th consecutive year in the latest Thomson Reuters Global Elite Law Firm Brand Index. In the 2022 index, Baker McKenzie scored more than double the points of the Firm’s nearest competitor, receiving an overall score of 100, which is 56 points …
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- Baker McKenzie Increases Associate Salary PayBaker McKenzie has matched the big lift in associate salaries by adding $10,000 to the $20,000 paid to lawyers in the one-year to eight-year experience level. The lift follows the ongoing rise in biglaw associate pay levels, pushing the payments to their highest level. The Baker McKenzie move is backdated to January 1. First year …
- UK Law Firm Salaries Continue Upwards With Two More Firms Lifting NQs SalariesThe war for legal talent continues unabated as two biglaw UK firms have announced increases in their payments to newly-qualified lawyers, showing that the surge in law profession payments has hardly abated. The influence of US biglaw firms’ salary levels sent the London and other UK law firms into a major, upward spiral, which commenced …
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- Arent Fox Hired by Microsoft To Examine Sexual Harassment IssuesSexual harassment claims against Microsoft have seen Arent Fox appointed to conduct a review
- The Sanity-Defying Faustian Pact Struck By Biglaw Junior LawyersThe salaries may be eye-popping and the addition to their CVs prestigious, but for midnight-oil burning junior lawyers working at Biglaw firms the deal is largely a ‘Faustian pact’, as lawyers continue to leave elite law firms despite the money and prestige . . but the deals and work continues to flow. UK legal services …
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- Biglaw Lateral Moves Continue As Cravath’s Lose Senior LawyerAs biglaw firms move increasingly away from the lockstep compensation system, the ongoing lateral law firm movements between them continues with one of the latest, high profile hires being Cravath Swaine & Moore partner Jennifer Conway who has moved to Davis, Polk & Wardwell. We recently reported about the lockstep compensation system being on its …
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- Big Bonuses For Law Firm Associates – But Junior Associates Are Actually Making LessAs equity partners’ incomes increase rapidly, bonuses for associates have also increased but not to nearly the same extent as the take-home earnings of the partners, according to the inflation-adjusted statistics. Partner profits have increased by 85 per cent over the past 10 years, according to reports, but associate salaries have increased by just 44 …
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- Biglaw bonuses at Kirkland & Ellis DisappointDespite the bonus season producing some record bonuses, reports from Kirkland & Ellis, one of the biggest of the big money bonus payers previously, have been somewhat disappointing. Reports from legal media, including AbovetheLaw, show that despite the firm’s massive revenues, amount last year to 4.83 billion, the bonuses paid were lower than most associates …
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