Big Law Partner Pay Trends Increased lateral hires are seeing law firms increasingly turning to creative compensation strategies to keep their top partners from jumping ship. This trend, often referred to as “golden handcuffs,” is reshaping the landscape of partner retention in Big Law as some major and expensive lateral hires hog headlines in the […]
London’s Junior Lawyers Are Ditching Public Markets for Private Equity Ben Thomson, LawFuel contributing editor The London legal scene continues to change as younger lawyers are increasingly moving towards private equity roles, stimulated by big money and the impact of US law firms in London. The change for London lawyers also reflects broader economic trends
The Surprising Career Shift Rocking London’s Legal Scene Read More »
The Prince Harry Files Tom Borman, LawFuel contributing editor In media law, where celebrities clash with tabloids and royals battle publishers, one name stands out like a perfectly coiffed beacon: David Sherborne, the barrister who has just won a major victory for Prince Harry against Mirror Group Newspapers. This “barrister to the stars” has become
David Sherborne, Prince Harry’s Headline-Making Barrister Read More »
Elon Musk’s Tweet Effect on Law Firms Elon Musk’s interactions with the legal world have been marked by controversy and conflict. His recent social media activity has once again thrust him into the spotlight, highlighting his ability to influence public opinion and create political storms with just a few words on X. But can he
Elon Musk’s X Fear Factor But Could a Tweet Kill a Law Firm? Read More »
Latham & Watkins Boosts Partner Profit-Shares Ben Thomson, LawFuel Big Law & Lists editor Latham & Watkins has long stood in the shadow of its more profitable peers, and is poised for a dramatic surge in partner compensation. The firm is set to catapult its profit-sharing units by a staggering 17 percent for 2024, a
Latham’s Leap Sees Profit Surge Propels Firm to New Heights Read More »
U.S. Law Firm Shook, Hardy & Bacon Closes London Office Shook, Hardy & Bacon has announced the closure of its London office, marking another departure of a U.S. legal practice from the UK capital. The move from the Kansas-headquartered law firm comes as part of a strategic realignment and follows a trend of American law
Time’s Up For Another US Law Firm That Closes in London Read More »
Troutman Pepper and Locke Lord have tied the knot, creating a legal juggernaut with over 1,600 attorneys and a sprawling network of 33 offices across the U.S. and Europe as 2025’s first major law firm development. The newly minted Troutman Pepper Locke LLP is set to become a major presence in 10 of the largest
Troutman Pepper and Locke Lord Join Forces in Legal Merger Read More »
Flip-Flops and Fortune 500 Clients at Quinn Emanuel Tom Borman, LawFuel contributing editor Quinn Emanuel Urquhart & Sullivan, the world’s “most feared” law firm according to BTI Consulting, is redefining the traditional law firm experience with a fresh approach that’s turning heads in the legal world. Gone are the days of stuffy offices and rigid
The Work Anywhere Strategy Sees Quinn Emanuel Lure Top Legal Talent Read More »
Ben Thomson, BigLaw editor The great Perkins Coie & Hogan Lovells backdown on the bonus front has seen Big Law play chicken with their talent pool and boy, did it ever backfire. In a world where associates are the lifeblood pumping through the veins of legal powerhouses, the annual bonus season is somewhat akin to
The Great Law Firm Bonus Debacle of 2024 Sees Biglaw’s Blunders and Backpedaling Read More »
The Big Law compensation landscape is shifting faster than a lawyer’s billable hours during tax season. If you thought partner pay was already in the stratosphere, the liftoff has only just begun awith changes like the ‘black box’ compensation structure, new nonequity tiers, different bonus pools and other changes that bring the profession into a
Forget Wall Street: BigLaw Partners Are the New 1% – See Their Staggering Salaries Read More »
