James Woolery left Cravath, Swaine & Moore in January of 2011 to join its client, JPMorgan Chase. Now, via The New York Times, he has left the bank to…
The law firm of Cravath, Swaine & Moore has added former director of the U.S. Patent and Trademark Office, David Kappos. Kappos is just the fourth partner hired by…
Sarkis Jebejian has joined the law firm of Kirkland & Ellis LLP in its New York office as a partner in the Corporate Practice Group, according to a press…
On Monday, Cravath, Swaine & Moore set the ball rolling on year-end bonuses for associates with a 33% increase in bonuses for first-year associates. While first-year associates had earned…
Cravath is usually the first law firm to release its year-end bonus information each year and then the rest of the major law firms follow suit and try to…
Michael Zulandt, a former Cravath associate, has been barred from practice for three years by a New York Court. He pleaded guilty to third-degree misdemeanor assault charges in 2008. Specifically,…
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Law firms of all sizes are being much more selective about who makes equity partner. Gone are the days where doing good work and putting in your time is enough to get you to a profit sharing level. Today, equity partners almost always have to prove that they can contribute their share to the firm. So what does this mean for associates and how can a two-tiered partnership track be beneficial? With a two-tiered partnership structure, associates get more time to prove themselves and also more time to determine whether partnership is the right goal for them. Two-tier partnerships (non-equity and equity) exist so the firm can train and develop associates into equity partners. The non-equity track to partner at most firms is on average, 6 years long. [...]
May 16, 2013 Read More
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