Legal Giants Respond to Market Dynamics: Paul Weiss and Baker McKenzie Announce Associate Salary Hikes
In a resounding echo of recent industry trends, Paul Weiss has joined the ranks of elite law firms boosting associate…
legal industry
Cravath, Swaine & Moore Announces Seniority-Based Raises and Year-End Bonuses
In a recent firm-wide memo, Cravath, Swaine & Moore revealed that associates at the prestigious New York-based law firm will…
Paul Hastings Welcomes Notable Skadden Lawyer Anna Rips as Partner
In a significant development for U.S. law firm Paul Hastings, the esteemed legal professional Anna Rips has recently joined its…
Embracing Change: Rise of Hybrid Partnerships in Law Firms
Law firms are transforming, with hybrid partnerships gaining momentum as an alternative to the traditional equity partner model. This shift…
Boutique Litigation Firm Sets Industry-Leading Bonuses for Associates
Wilkinson Stekloff Introduces Seniority-Based Bonuses Up to $201,250 In a bold move, Washington, D.C.-based litigation firm Wilkinson Stekloff has announced…
Legal Industry Trends: U.S. Law Firms Expand Office Spaces in 2023
In a recent report by brokerage firm Savills, it was revealed that a higher percentage of U.S. law firms opted…
Stroock and Stroock and Lavan Partner Howard Lavin Joins Thompson Coburn Amidst Stroock’s Wind-Down
Longtime Stroock & Stroock & Lavan partner Howard Lavin is embarking on a new chapter in his legal career as…
Cravath, Swaine & Moore, non-equity partner, legal industry, talent reward, evolving dynamics
Innovating to Reward Outstanding Talent Cravath, Swaine & Moore, an esteemed US law firm renowned for setting industry pay standards,…
Big Law Embracing Generative AI: Firms Seek Top Talent to Harness the Power of AI
In recent months, leading law firms, including Latham & Watkins and Linklaters, have been actively recruiting software developers, analysts, programmers,…
Changing of the Guard: Senior Leaders in Big Law Firms Announce Departures
In a surprising shift, senior leaders in Big Law firms, who defied retirement expectations during the pandemic, are announcing their…
Major U.S. Law Firms Unite Against Campus Antisemitism Amid Israel-Hamas Conflict
In a unified effort, more than two dozen prominent U.S. law firms have sent a compelling letter to the deans…
The Future of Full BigLaw Associate Bonuses: New Requirements and Expectations
Large law firms are poised to maintain their annual associate bonuses, which have ranged from $20,000 to $115,000 since 2021.…