Good morning everybody! Today is Friday, August 27th. Here’s a quick look back at yesterday’s stories. Many associates at Orrick, Herrington & Sutcliffe received pay raises… Sidley Austin added to its…
Most associates at Orrick, Herrington & Sutcliffe are receiving pay raises, according to a report from Legal Pad. While not a return to lockstep compensation, second-year associates will havetheir compensation…
A report out of the Bay Area indicates things are looking up for the legal sector, at least in California. The Recorder caught up with Mike Rhodes, a partner at Cooley…
Associates at DLA Piper are receiving a 10 percent pay raise that will return salaries to their pre-recession levels, the firm announced Thursday in an internal memo. The pay increase…
Reports out of Texas indicate Vinson & Elkins has tabbed Oct. 4 as the day its 2010 first-year associates can begin their careers at the Houston-based firm. The Texas Lawyer…
Chadbourne & Parke revealed yesterday that 11 of its 2009 first-year associates, which had been deferred to a 2010 start date, will not be offered jobs with the firm. In…
According to an internal memo to associates, Winston & Strawn is thawing salaries while also ending lockstep compensation. The memo from Thomas P. Fitzgerald outlines an associate pay-scale beginning at…
Drinker Biddle is moving to a merit based pay system, becoming the latest in a string of major law firms to abandon lockstep compensation. Under the new plan associates in…
Pillsbury’s first year associates outside of New York are receiving a salary cut, down to $145k. Any first year that bills in excess of 1950 hours will receive an additional…
Up until this week, the scale for bonuses seemed pretty set in stone with every firm falling in lockstep with Cravath. But earlier this week Sullivan & Cromwell dared to…
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