Fieldfisher has achieved a small, three percent profit gain with its profits per equity partner (PEP) at £1million as firm-wide revenue, including that of its verein structure, grew by a very modest one percent to £385m. The Fieldfisher results cover the 12 months to 31 March 2025, when the integrated Fieldfisher firm delivered revenue of […]
FieldFisher Achieve A small Profit Gain with PEP At £1million Read More »
NEW YORK, August 11, 2025: International law firm Weil, Gotshal & Manges LLP today announced the continued expansion of its renowned Intellectual Property practice with the additions of highly skilled litigators Chris Henry and Gaby LaHatte, who join the Firm as partners in Weil’s new IP, Technology & Science Litigation practice. Chris will practice from Weil’s Boston office while
Weil IP Expansion Continues with Addition of Chris Henry and Gaby LaHatte Read More »
Following months of market uncertainty, the summer bonus season at BigLaw has exceeded expectations with Milbank’s announcing special bonuses ranging from $6,000 to $25,000 for associates, a cascade of firms has followed suit. But a new trend is also emerging in the way compensation is being handed to associates.
While partners enjoy increased PEP rates with premium work, the competitive world of associate recruitment is seeing some major changes in the way law firms handle the compensation for their top performers at associate level.
The summer bonus season is seeing that trend play out.
Ranajoy Basu joined Squire Patton in London ahead of his former firm’s merger with Schulte Roth & Zabel on 1 August. He is one of the leading lawyers in sustainable procurement, supply chain finance and a member of the Advisory Council of The Sustainable Procurement Pledge. The Squire Sanders media announcement is below – Addition
Former McDermott Will Finance Partner Joins Squire Patton in London Read More »
Pogust Goodhead Accuses BHP & Vale of Underhanded Tactics Ben Thomson, LawFuel contributing editor The fight that has roiled the mining and legal worlds isn’t only about environmental responsibility as it now opens a new front with a major legal action allegeding that the firm has been cheated out of massive legal fees. Pogust Goodhead,
Pogust Goodhead Fires Back at BHP and Vale in £1.3 Billion Legal Fee Showdown Read More »
More Big Law associates and partners are choosing to leave than ever before—citing burnout, lack of advancement and remote-era disconnection sparking a seismic exodus toward in-house, startups and boutique law career paths.
The Big Law conveyor belt, once seen as the golden escalator to prestige and partnership, is creaking under the weight of its own expectations.
Why Big Law Lawyers Are Walking Away: Exits, Burnout & New Legal Careers Read More »
Boutique Firm Vartabedian Hester & Haynes Blazes Bonus Trail With Generous Summer Payouts While Biglaw firms continue their summer tradition of radio silence on bonuses, one ambitious boutique isn’t waiting around. Texas-based Vartabedian Hester & Haynes, a rising litigation boutique specializing in complex commercial disputes, has just announced a firm-wide bonus that’s turning heads. All
Boutique Bonus Season: The Summer Bonus Payments Arriving Read More »
AI disruption forces Big Law to rethink billing: “Firms will give more for free” Ben Thomson, LawFuel contributing editor A mounting chorus of industry voices—from Artificial Lawyer to Thomson Reuters and Business Insider—argue that AI is rapidly eroding the economics of the traditional billable hour. The irony is that as firms strive for efficiency, they
Free Legal Fees from Big Law? Could This Really Happen with Legal AI? Read More »
Here Comes McDermott Will & Schulte Tom Borman, LawFuel contributing editor In a deal that underscores Big Law’s relentless consolidation, McDermott Will & Emery (approximately 1,400 lawyers, ~$2.2 b 2024 revenue) and Schulte Roth & Zabel (~350 lawyers, ~$618 m) voted last month to merge effective August 1, 2025, creating a combined firm of around 1,750 attorneys and global
Latest BigLaw Merger To Hit The Law Market on 1 August Read More »
Which UK Firm Takes The Top Partner Pay? Magic Circle firms post eye-watering PEP figures while associates wonder if they’ll ever afford London rent John Bowie, LawFuel publisher What a delightful time to be a BigLaw equity partner in London. While many mortals navigate inflation and mortgage rates that would make a loan shark blush,
BigLaw’s Pay Party: UK Partners Laugh All the Way to Their Third Homes Read More »
