The National Association for Law Placement set up a commission to examine the way big firms recruit summer associates at top law schools and to recommend changes. Both firms and schools have expressed concern over a recruitment schedule that has gradually moved forward as schools rush to get their students in front of recruiters. [...]
Continue reading...Wednesday, December 23, 2009
Weil Gotshal is paying most of its associates on the Sullivan & Cromwell scale – $7500 for the first years up to $33k for the most senior – but some of the senior associates who are on Santa’s nice list will be getting a bit more. At the top of the scale, bonuses for [...]
Continue reading...Wednesday, December 16, 2009
Same song, different singer. Dewey & LeBoeuf will follow the Cravath bonus scale (not the slightly better Sullivan & Cromwell scale). $5-$30k depending on class year. Cravath bonuses were announced November 2nd. Since then Cleary, Skadden, Wilkie Farr, Simpson Thatcher, Davis Polk, Debevoise & Plimpton, and now Dewey & LeBoeuf have matched the [...]
Continue reading...Friday, December 11, 2009
After 10 years at the helm, Rodgin Cohen is stepping down as chairman of New York’s Sullivan & Cromwell. Corporate real estate partner Joseph Shenker will take over the management of the 800 lawyer firm as of January 1. Cohen has been a force in mergers and acquisitions of some of the largest banks and [...]
Continue reading...Thursday, December 10, 2009
Two more firms have announced bonus schedules. Fried Frank’s bonuses for New York associates look and feel a lot like the Sullivan & Cromwell bonuses, which were of course a very slight modification to the Cravat scale most firms have been using. Boies Schiller & Flexner, however, is paying bonuses well above the [...]
Continue reading...Friday, December 4, 2009
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 be different. Of course, it’s only different if you’re a senior associate in which case you’ll get an extra $5000, small consolation for [...]
Continue reading...Wednesday, December 2, 2009
Two more firms have announced their bonus schedules and they’re a bit different from the Cravath scale. Sullivan & Cromwell is paying bonuses ranging from $7500 to $35,000 depending on class year. The only change is at the high end where senior associates will receive $5000 more than at firms on the Cravath scale. Patton Boggs [...]
Continue reading...Friday, October 23, 2009
Good morning everyone, and TGIF! An army reservist has won his summary judgement against SUBWAY… Ropes & Gray is opening a London office soon… WilmerHale laid off some of its staff… and there is a new class of partners at Sullivan & Cromwell…
Continue reading...Thursday, October 22, 2009
Sullivan & Cromwell announced its latest class of partners and four of the five promotions are women. The firm highlighted family friendly policies like flex time and maternity leave, which are aimed at recruiting and retaining more female lawyers. Three of the five promotions came in the area of corporate law which could [...]
Continue reading...Wednesday, May 20, 2009
Skadden has been ranked the top corporate law firm in the US for the ninth year in a row, according to Corporate Board Member magazine. The rankings are based on a poll of 6,300 directors and general counsel. Here are the top 20 on the America’s Best Corporate Law Firms list, including last year’s ranking: 1. Skadden Arps [...]
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Friday, January 8, 2010
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