No sooner have we written about the PEP earnings of big law firms when Kirkland & Ellis come out with a report (from Law.com) showing revenues growing to $7.21 billion and their profits per equity partner (PEP) rising to $7.96 million. Despite the high profile departure of law stars like London-based Neel Sachdev to Paul […]
Kirkland & Ellis PEP Growth Creates $8 Million Dollar Men (and Women) Read More »
Record Legal Fee Request Tom Borman, LawFuel contributing editor We reported recently on a record-breaking ‘first’ billion dollar legal fee in the Elon Musk executive compensation case – but away under-estimated – with the fee looking at several billion more. The lawyers who successfully challenged Elon Musk’s $56 billion compensation package as excessive are now
Hourly Rate Unveiled: Lawyers Pursue $6 Billion Legal Fee Tied to Musk’s Pay Package Read More »
Law firm pay scale shakeup in London has seen huge money paid to junior lawyers in a major shakeup on the London law scene
Cravath Scale Big Law Money No-one covers the big law payscale better than AbovetheLaw when it comes to the big law US law firms, and the site has updated the most recent changes with bonus details. As we reported recently there was a significant shift in associate salaries at large law firms in the United
Big law salary scale trends show a continued upwards movement in associate pay and bonus payments
Unraveling the Mysteries of Big Law Salary Trends Read More »
PLUS – The 2023 BigLaw Pay Scale Survey Albert Goodwin – The Cravath scale has been climbed – and eclipsed – yet again and this time it is top firms, Williams & Connolly LLP who have exceed the wage scale set by Cravath Swaine & Moore. The Williams & Connolly pay deal promises to pay
Biglaw salary scale lifts have seen major US law firms match and exceed the increases reported by other firms.
BigLaw Salary Scale Sees Further Lift To Meet Cravaths Read More »
In the realm of Biglaw, marked by a cautiously optimistic atmosphere, Milbank has taken a bold step by elevating first-year associate salaries to an unprecedented $225,000. However the reality of the pay rise may be something else. The Milbankmove not only sets a new standard in legal remuneration but also signals a robust confidence in
The big law bonus season has commenced with Milbank announcing pay rises for their lawyers
Big Law Bonus Season Is Here . . And Milbank Are Kicking It Off Read More »
Chambers US have released their big law salary rankings for 2023 providing salary information for various law firms in 2023, showcasing first-year and second-year big law salary scale for the country’s biggest law firms. The average salary across these firms is approximately $213,250 according to the Chambers USA report. Keep in mind that big law
