Big Law - - Page 20

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

Big Law, Headlining / July 26, 2024

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 / July 23, 2024

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 / July 20, 2024

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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Akin Score Major Recruitment Win With Cooley Trio in London

Big Law, UK Law / July 20, 2024

Akin Gump has scored a major London recruiting success with the movement to the London office of the former managing partner of Cooley’s London office who joins Akin alon with two others. Justin Stock joins Akin in a role as head of its technology practice globally, together with Stephen Rosen, who formerly led Cooley’s London

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Big Law Pay Rates Continue With Kirkland & Ellis Bonus Program

Law Firm Salary Scale / July 17, 2024

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 / July 15, 2024

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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How Allen & Overy Partners Pocketed Millions Before Law Firm Merger

Big Law, UK Law / July 12, 2024

Top partners at Allen & Overy earned an average of £2.2 million in the year preceding their $3.5 billion merger with Shearman & Sterling, due largely to the sale of a legal tech business. The big payday for the A&O partners was partly due to the sale of a legal tech unit Aosphere to private

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Sex Discrimination Expert Leads Investigation After Clifford Chance Partner Dismissal

Australia, Big Law / July 5, 2024

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

Big Law Salary Scale, Law Firm Salary Scale, US Law / June 28, 2024

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

Big Law, Press Releases / June 27, 2024

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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