The US Big Law firms breaching the $200,000 salary scale for associates has been the subject of a new Big Law salary scale survey in an AboveTheLaw report that follows the $200k limit breached by Millbank in June 2021. Millbank fired the first shot in the associate salary scale war as we have reported and […]
The Big Law Bonus Season for Associates Sees Further Lift In Big Law Salary Scale Read More »
BigLaw giant Kirkland & Ellis has picked up a $200 million fee in a contingency legal case involving chemical companies. Law.com reports that the fee was revealed in a press release from Kirkland & Ellis client Huntsman Corp which“shows that Kirkland & Ellis’ strategic decision to ‘double down’ on contingency fee cases is paying off
The global law firm Jones Day has again been ranked among the “Fearsome Foursome” —the law firms that clients would least like to see as opposing counsel—according to the BTI Litigation Outlook 2022: Post-Pandemic and Beyond report, published this month by the BTI Consulting Group, Inc. The report is based solely on in-depth interviews with leading legal decision
Jones Day Recognized Among ‘Fearsome Foursome’ in Litigation Outlook Report Read More »
The changed payment model used by BigLaw firm Davis Polk continues to move away from the lockstep model and has seen the firm continue with lateral hires, recruiting former Cleary Gottlieb tax partner Corey Goodman to boost its tax law expertise. The move follows Davis Polk’s move to alter its compensation model, moving from
Davis Polk Tax Law Hire Boosts Firms’ Move From Lockstep Model Read More »
Late nights and long hours go together for lawyers like crackers and cheese, but the recent survey of working hours for London’s lawyers has still created some surprises for those interested in such stats. For instance, the Legal Cheek survey of firms shows junior lawyers at Kirkland & Ellis had the longest days – or
The Late Night Lawyers – Survey Shows London Lawyer Work Hours Read More »
The virtual work environment has changed with law firm internships now differing following the pandemic-related changes with law firms offering virtual law firm internships for undergraduates and JD students. The situation with law firm internships is seeing virtual internships, often provided via an online platform called Forage, previously called InsideSherpa, which provides the virtual interns
How BigLaw Has Discovered Virtual Law Firm Internships To Entice Potential Lawyers Read More »
Bloomberg Law columnist Roy Strom writes about the Big Law lateral hire moves roaring back to life and some key changes to life in Big Law that have seen prestige take a back seat to change and efficiency Roy Strom* – One character trait I admire in people is being able to admit when they
How The Pandemic Has Seen Big Law Knock Back The ‘Prestige Factor’ Read More »
New York, October 4, 2021 – International law firm Hughes Hubbard & Reed LLP announced today that Christine Kang has joined the firm as a partner. Christine’s practice is focused on representing both Chinese companies, especially some of the largest Chinese state-owned enterprises (SOEs), as well as multinational companies doing business in China, with
Kirkland & Ellis has hired Rachael Coffey, a former New York M&A partner at Paul Weiss Rifkind Wharton & Garrison – the second time the firm has taken a new partner from Paul Weiss. Kirkland & Ellis are the largest firm in revenue terms. The announcement of Coffey’s move Monday comes almost two years to
Kirkland & Ellis Recruit Second M&A Star from Paul Weiss Read More »
Law firm invoices reveal partner hourly rates continue to increase, largest 50 firms still dominate high-rate work June 30, 2021 — RALEIGH, N.C., LexisNexis® CounselLink® a leading cloud-based enterprise legal management solution for corporate law departments, today announced the release of its 2021 Enterprise Legal Management Trends Report. Now in its eighth year, the Trends Report is based on
