Big Law

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

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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 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

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

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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?

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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Sex Discrimination Expert Leads Investigation After Clifford Chance Partner Dismissal

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Clifford Chance Australia has enlisted the services of a renowned consultancy firm to enhance its workplace culture following the termination of a Perth-based partner due to serious misconduct allegations. The firm has engaged Elizabeth Broderick & Co, led by former sex discrimination commissioner Elizabeth Broderick, in the wake of an internal investigation that resulted in

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Cleary Gottlieb’s $20 Million Lateral Partner Compensation: Strategic Implications and Industry Context

Cleary Gottlieb Steen & Hamilton LLP has made headlines with its readiness to offer up to $20 million for lateral partner hires as the intensely fought lateral-hiring frenzy continues unabated among big law firms. The development not only underscores the firm’s commitment to competing at the highest levels of the legal market but it underscores

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Women Lawyers Comprise Over Half of Baker McKenzie’s Partnership Round

Baker McKenzie have announced their latest partnership round with women lawyers comprising over half the latest promotions for the global law firm, being 34 women lawyers out of the 66 new partners. The full list of the firm’s latest, 2024 partnership promotions is contained in the law firm’s media release below – Baker McKenzie media

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