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- Paul Weiss Sheds Litigation Associates Citing Performance Reviews as Firm Navigates Litigation Slowdown
Paul, Weiss, Rifkind, Wharton & Garrison has parted ways with several litigation associates following its annual performance review cycle, possibly marking a structural change from the relatively recently annointed firm chair Scott Barshay (pictured). According to reporting by The American Lawyer, the New York-based firm, which has long prided itself on avoiding public layoffs, including during the 2008 financial crisis and the 2022 financial correction . . Log in to read more . . . - (no title)
- Average Lawyer Salary 2026: BLS Data by State, Practice Area & Experience
If you are a lawyer reviewing your options in 2026, the latest data from the U.S. Bureau of Labor Statistics (BLS) and major legal compensation surveys makes one thing clear: location, specialty, and experience still dictate everything. The national median lawyer salary stands at $151,160 as of the BLS Occupational Employment and Wage Statistics (OEWS) survey for May 2024 — the most recent official release — with approximately 747,750 lawyers in paid employment across the country. The national mean wage for lawyers is $182,760, reflecting how strongly the top earners pull the average upward. Log in for the full report . . - $12 Million Paydays, a $10 Billion Firm, and Biglaw’s Best Run in Years
A decade ago, $6 million was considered a breathtaking partner payday at a top US law firm. Today, that figure barely cracks the Am Law 100’s top ten. The 2026 Am Law 100 rankings, reflecting 2025 financial performance, tell the story of an industry that has fundamentally reset what “profitable” means: $178.95 billion in aggregate revenues, a $12.15 million average payout for equity partners at Wachtell Lipton, and Kirkland & Ellis becoming the first law firm in history to surpass $10 billion in annual revenue. The rich got richer, the gap widened, and almost nobody at the top is apologising for it. Read the LawFuel review of the AmLaw 100 – login - Musk v Altman: The Lawyers Running the Biggest AI Trial on Earth | LawFuel
The Musk v Altman trial is being sold as a grudge match between two tech billionaires over the future of artificial intelligence. But the real contest is between two skilled commercial litigators. Elon Musk has turned to New York trial lawyer Steven Molo of MoloLamken who delivered his opening statement in Oakland to a nine-person jury on April 28, 2026 with Morgan Chu of Irell & Manella’s Los Angeles office playing a supporting role having been lead counsel on Musk’s original state court filings. Log in to read the article . . - Private Equity MSO Deal Lawyers – The Holland & Knight Lawyers Closing 15+ Law Firm Transactions in Six Months
Goodness Gracious!!! Is this real? It seems that individuals should be concerned about prison time, if it is. This sounds more nuts than the actual movie.