Big Law Pay News Sees Freshfields’ Fresh Look Freshfields Bruckhaus Deringer, one of the UK’s Magic Circle heavyweights, is thinking about bringing back a salaried partner tier, placing some partners on a fixed, hefty salary instead of a share of the firm’s profits. It’s a big deal, especially since Freshfields had moved away from this
Freshfields Look at Salaried Partner Tier . . Again! Read More »
BigLaw Salaries: What You Need to Know in 2025 Norma Harris, Lawfuel contributing writer BigLaw salaries aren’t just numbers, they’re a roadmap to power, prestige, and burnout. If you’re a junior associate eyeing the money trail or a law student wondering if that six-figure debt is worth it, this is the guide you need. As
The Ultimate BigLaw Salary Guide (2025): Who Pays What, When, and Why It Matters 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 »
Ben Thomson, LawFuel contributing editor While most big law firms are handing out both regular year-end bonuses and special bonuses this year, a couple of major players – Hogan Lovells and Perkins Coie – decided to skip the special bonus part – until now. The regular year-end bonuses range from $20,000 to $115,000 depending on
The Great Bonus Divide And How Top Firms Are Splitting on Special Payments Read More »
Ben Thomson, Senior LawFuel editor In a twist that’s got the legal world buzzing, BigLaw’s bonus season is serving up some serious drama but the twist in the bonus tale is the boutique law firms that are flashing cash like it’s going out of style, while a few heavyweight players are giving the cold shoulder
The Revolution in Pinstripes of Pallas Partners Tom Borman, LawFuel contributing editor In the cutthroat world of high-stakes litigation, a new player has emerged in recent years rewriting the rules and setting the legal world on edge as Pallas Partners, the brainchild of powerhouse litigator Natasha Harrison, saw her dare to dream beyond the confines
Why Is This Lady-Lead Boutique Law Firm Showing The Way of the Future? Read More »
Cravath has announced its associate bonus structure for 2024, matching the total compensation offered by Milbank earlier this month and which we reported some days ago. The bonuses include both year-end and special payments, ranging from $21,000 for first-year associates to $140,000 for the most senior associates. Cravath recently announced its latest partner intake and
US law firm Milbank is ringing in the holiday season early with the announcement of substantial year-end bonuses for its associates. The firm is known as a generous bonus payer, as we have reported recently. Milbank said this week that lawyers can expect to receive bonuses ranging from $15,000 to $115,000, based on their level
Milbank Announces Generous Year-End Bonuses for Associates Read More »
Tom Borman, LawFuel contributing editor Cravath, heading the LawFuel ‘Most Prestigous Law Firm List’ has announced its new partner class for 2025, and it’s a significant step up from last year, promoting seven attorneys to partner, nearly doubling the size of its 2023 class. But one of the big questions that will be interesting to
The Big “Cravath Pay” Question For The Firm’s New Partners Read More »
Clifford Chance Steps Up The Lockstep Pay Tom Borman, LawFuel contributing editor It’s raining money for top legal talent and the battle for legal talent has seen Clifford Chance up the ante with a big pay change to their lockstep structure to keep legal talent in the current talent wars. The firm has changed its
Clifford Chance’s Multi-Million Dollar Payday Reset Read More »
