Big Law Partner Pay Trends Increased lateral hires are seeing law firms increasingly turning to creative compensation strategies to keep their top partners from jumping ship. This trend, often referred to as “golden handcuffs,” is reshaping the landscape of partner retention in Big Law as some major and expensive lateral hires hog headlines in the […]
Skadden has launched its first office in the Middle East, to be headed by former Freshfields lawyer Michael Hilton, (pictured) who has more than 20 years experience working in the Middle East and North Africa. The firm’s media statement on the new office is below – Skadden is pleased to announce that it has opened
Troutman Pepper and Locke Lord have tied the knot, creating a legal juggernaut with over 1,600 attorneys and a sprawling network of 33 offices across the U.S. and Europe as 2025’s first major law firm development. The newly minted Troutman Pepper Locke LLP is set to become a major presence in 10 of the largest
Troutman Pepper and Locke Lord Join Forces in Legal Merger Read More »
Flip-Flops and Fortune 500 Clients at Quinn Emanuel Tom Borman, LawFuel contributing editor Quinn Emanuel Urquhart & Sullivan, the world’s “most feared” law firm according to BTI Consulting, is redefining the traditional law firm experience with a fresh approach that’s turning heads in the legal world. Gone are the days of stuffy offices and rigid
The Work Anywhere Strategy Sees Quinn Emanuel Lure Top Legal Talent Read More »
In a stunning twist of legal fortune, Quinn Emanuel, the litigation powerhouse known for its hyper aggressive courtroom tactics, (they relish the ‘most feared’ law firm title, remember) has seen its City profits skyrocket by 50 percent in the past year. This isn’t just your run-of-the-mill success story. We’re talking a whopping £196.6m in revenue
Fearsome Profits From the Fearsome Quinn Emanuel Read More »
Ben Thomson, BigLaw editor The great Perkins Coie & Hogan Lovells backdown on the bonus front has seen Big Law play chicken with their talent pool and boy, did it ever backfire. In a world where associates are the lifeblood pumping through the veins of legal powerhouses, the annual bonus season is somewhat akin to
The Great Law Firm Bonus Debacle of 2024 Sees Biglaw’s Blunders and Backpedaling Read More »
The Big Law compensation landscape is shifting faster than a lawyer’s billable hours during tax season. If you thought partner pay was already in the stratosphere, the liftoff has only just begun awith changes like the ‘black box’ compensation structure, new nonequity tiers, different bonus pools and other changes that bring the profession into a
Forget Wall Street: BigLaw Partners Are the New 1% – See Their Staggering Salaries Read More »
Ben Thomson, LawFuel contributing editor While most big law firms are handing out both regular year-end bonuses and special bonuses this year, a couple of major players – Hogan Lovells and Perkins Coie – decided to skip the special bonus part – until now. The regular year-end bonuses range from $20,000 to $115,000 depending on
The Great Bonus Divide And How Top Firms Are Splitting on Special Payments Read More »
Norma Harris, LawFuel contributor It’s been a top year for Paul Weiss Rifkind Wharton & Garrison who have now edged out aggressive corporate rivals to be anointed as the Big Law Lord of the Junge, clinching the coveted title of Law Firm of the Year for 2024. This accolade, bestowed by the American Lawyer, is
Paul Weiss Pick Up American Lawyer Law Firm of the Year Read More »
The global law firm Jones Day announces that the 37 lawyers listed below will be admitted to the Firm’s partnership effective January 1, 2025. “This class of new partners once again reflects Jones Day’s ability to provide our valued clients the guidance and legal solutions for their most complex business challenges across the globe,” said
