The American Lawyer | Analysis
By Dylan Jackson | November 12, 2020
It has been nearly two days since Baker McKenzie became the first major firm to publicly announce end-of-year associate bonuses, and no major firm has matched. What gives?
Daily Business Review | Analysis
By Dan Roe | November 12, 2020
A diverse group of practice areas and flexible collections helped Akerman weather the pandemic and finish its fiscal year with 6.5% more revenue than 2019, while pandemic-induced paycuts are being reversed retroactively in the form of bonuses.
By Dylan Jackson | October 30, 2020
Sources say the firm had originally promised the raises in June, which was pushed until Oct. 15, then end of the month. On Friday, the last business day of October, associates had not received their raises.
By Dylan Jackson | October 16, 2020
The buyouts contrast with mass staff layoffs seen at firms such as Seyfarth Shaw, Baker McKenzie, Davis Wright Tremaine, Nixon Peabody, Squire Patton Boggs and Venable.
International Edition | Features
By Hannah Roberts | October 12, 2020
Several partners have questioned the viability of paying more to London lawyers when many are working remotely and outside of the capital.
By Patrick Smith | October 8, 2020
Firm leaders indicated they would take into consideration other firms' fall bonuses when they pay their annual bonuses to associates.
By Dylan Jackson | October 7, 2020
"This move about extra bonuses seems contrary to the conservative fiscal approach that most of corporate America is taking right now," said in-house legal department consultant Jason Winmill.
By Dan Roe | October 5, 2020
The money helped Florida firms weather the initial storm from the pandemic, observers said, but firms' performance at year-end collections is still a large question.
By Dylan Jackson | September 30, 2020
Former Boies Schiller attorneys commend the shift to a banded system, although some say the firm could have avoided many of the 40-plus partner departures if compensation had changed earlier this year.
By Raychel Lean | September 29, 2020
After more than seven years, the litigation proved more costly for the plaintiffs than the actual judgment it obtained.
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