Big Law

Milbank’s Associate Bonus Payout Could Lead to Bonus Bump For Other Big Law Firms

Big Law, Big Law Salary Scale /

The ‘M-For-Money’ Milbank Bonus Payout Milbank is awarding seniority-based associate bonus payouts of up to $25,000 to its associates and counsel worldwide, which could lead to another ‘bonus bump’ for associates among big law firms. According to an internal memo, bonuses for first-year associates will begin at $6,000 and increase with seniority, with payments scheduled […]

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Law Star Sachdev Strikes Again For Paul Weiss, London

Big Law, Power List, UK Law /
sexy solicitors in London

The Latest Paul Weiss Hire Paul Weiss continues to boost its London office with yet another hire – and yet another from their now-standard recruitment target: Kirkland & Ellis. The firm has recruited Jeremy Leggate, an investment funds partner, who has a substantial client base. He has previously been an associate with both Sidley Austin

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From London to Houston Clifford Chance Has Cracked the American Legal Code

Big Law, Headlining /
class action lawyers

Clifford Chance Is No Chump Change Firm Ben Thomson, LawFuel law business contributor Clifford Chance just dropped some numbers that’ll make your spreadsheets do a double-take. But here’s the kicker – it’s the Americans driving this gravy train. US revenue’s up 28 percent and so the Magic Circle firm’s US expansion appears to be paying

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Kirkland’s Bold Move to Keep Big Law Partners from Jumping Ship

Big Law, Headlining /

Big Law Partner Poaching and Payday Hostages Tom Borman, LawFuel Contributing Writer BigLaw is getting aggressive in its tactics to retain legal talent as the partner poaching and the big money that gets the big talent continues to disrupt the legal market. This trend reflects the growing competition for rainmakers and high-performing partners in an

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The Changing Landscape of London’s Legal Market: Magic Circle vs. US Firms

Big Law, Headlining, UK Law /

The Resilience of the Magic Circle Ben Thomson, LawFuel contributing writer Remember those predictions about the demise of Magic Circle law firms? Well, they’ve been confounding expectations for years with their continued success. But don’t be fooled – the London legal landscape is evolving into a battleground, with Magic Circle firms finding themselves encircled by

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Big Law Pay Rates Continue With Kirkland & Ellis Bonus Program

Law Firm Salary Scale /
kirkland & ellis

Kirkland & Ellis continues to set the pace for talent acquisition and retention strategies as it announces the recent renewal of its $50,000 associate referral bonus program, which serves as a testament to the fierce competition for legal talent, especially amid the current uptick in transactional work. The move is likely to inspire similar initiatives

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What Are The Surprising Skills Driving Today’s Best-Paid Big Law Pay Rates?

Headlining, Law Firm Salary Scale, US Law /

Ambitious Attorneys Are Shattering Pay and Partnership Norms Law firms are witnessing an unprecedented surge in partner compensation, with top-performing lawyers in Big Law firms commanding salaries that exceed $20 million annually with suggestions that that figure will be surpassed to as much as $30 million. AbovetheLaw reported on Law.com’s report (this is what legal

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