Big Law

Biglaw Bonuses Boom As Associates Cash In Up to $140K

Lawyer Bonus

Tom Borman, LawFuel Big Law contributor Biglaw bonus season is in full swing, with four major firms matching the lofty levels provided by Cravaths and Millbank. Cravath, Paul Hastings, McDermott, and Fried Frank have all announced bonuses ranging from $21,000 to $140,000 for associates. Cravaths kicked off the bonuses with their bonus payments, followed swiftly

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19 New Partners at Willkie Farr

Willkie Farr

New York, NY, November 20, 2024 — Willkie Farr & Gallagher LLP announced today that it has elected 19 new partners, effective January 1, 2025. “We are thrilled to welcome this group of exceptionally talented lawyers to our partnership,” said Firm Chairman Thomas Cerabino. “They reflect the breadth and depth of Willkie’s global capabilities across numerous

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The Big Simpson Thacher Intake – Largest Partner Promotion

partner

Simpson Thacher & Bartlett, one of the world’s leading international law firms, has announced its largest-ever partner promotion class, elevating 44 associates to partner effective January 1, 2025, representing a significant increase from previous years, with 12 more promotions compared to 2023. Simpson Thacher, a LawFuel ‘prestige list’ member, has grown to over 1,000 lawyers

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Kate Barton Takes the Helm as Global CEO of Dentons

Dentons has announced its leadership by Kate Barton as the firm’s new Global CEO, following a detailed selection process by the firm’s board of directors and Global Advisory Committee. She succeeds Elliott Portnoy. Dentons’  polycentric approach and global presence in over 80 countries require someone with unique abilities to continue to growth at a time

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Milbank Announces Generous Year-End Bonuses for Associates

US law firm Milbank is ringing in the holiday season early with the announcement of substantial year-end bonuses for its associates. The firm is known as a generous bonus payer, as we have reported recently. Milbank said this week that lawyers can expect to receive bonuses ranging from $15,000 to $115,000, based on their level

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The Big “Cravath Pay” Question For The Firm’s New Partners

Money Cravath

Tom Borman, LawFuel contributing editor Cravath, heading the LawFuel ‘Most Prestigous Law Firm List’ has announced its new partner class for 2025, and it’s a significant step up from last year, promoting seven attorneys to partner, nearly doubling the size of its 2023 class. But one of the big questions that will be interesting to

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Herbert Smith Opens New Doors in US With Merger

Herbert Smith Merger

Ben Thomson, LawFuel contributing editor Another month, another law merger, this time a $2 billion revenue combination between Herbert Smith Freehills (HSF) and New York-based Kramer Levin. For Herbert Smith Chair Rebecca Maslen-Stannage (pictured) the merger furthers the firm’s US expansion ambitions. The new firm will have 2,700 lawyers and comes on the heels of

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Did Clifford Chance Score a Home Goal in FIFA Controversy?

Saudi World Cup Fifa Lawfuel

Clifford Chance Face Saudi FIFA Music Tom Borman, LawFuel contributing editor Clifford Chance has found itself a the center of a controversy surrounding Saudi Arabia’s bid for the 2034 FIFA World Cup in a particularly embarrassing scandal given the firm’s work supporting pro bono and gender equality issues. The firm’s involvement in producing an “independent”

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Capital Markets Partner Phillip Stoup joins Freshfields in Silicon Valley

Stoup Freshfields Lawfuel

Freshfields announced today that Phillip Stoup has joined as a capital markets partner in Silicon Valley. Phillip’s practice focuses on advising companies and underwriters on a range of capital markets transactions, including IPOs and other equity offerings, convertible and other debt offerings and strategic investments. Phillip also advises companies on securities law compliance, general corporate and governance

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