Lawyer Compensation - General
-
Big Law Heavyweights Wrestle in High-Stakes Sale of Venezuela’s Citgo
By Amy Guthrie | January 2, 2025
A former Skadden, Arps, Slate, Meagher & Flom partner is managing the sale of Venezuela’s prized international asset, whose sale is being sought to settle debts owed to claimants represented by firms including Gibson Dunn & Crutcher. Concerns are mounting about the case's mounting legal costs.
-
Partner Pay Has Entered 'A Whole Different World'
By Andrew Maloney | December 16, 2024
Rapid changes to partner pay in Big Law will continue, experts say. Among nearly 200 firms, more than one-third plan to make changes to their equity partner compensation models over the next two years.
-
Taylor Wessing Germany Ups Associate and Salaried Partner Pay
By Jennifer Spatz | October 30, 2024
The move brings Germany pay closer to UK levels, where in August the firm lifted newly-qualified lawyer salaries to £115,000.
-
Average Partner Pay 'Surges' in Both Equity and Nonequity Tiers
By Andrew Maloney | October 25, 2024
The average origination amount for a partner also shot up last year, amid a general trend of partners maintaining bigger books of business.
-
Clifford Chance Further Modifies Lockstep to Better Reward Top Performers
By Habiba Cullen-Jafar | October 25, 2024
The top of equity at the firm can now reach £12 million, according to one person familiar with the matter, amid a frantic London hiring market.
-
It's Time Law Firms Were Upfront About Who Their Salaried Partners Are
By Krishnan Nair | October 20, 2024
Clients are paying more attention to who is doing the work they're getting billed for; yet the salaried partner tier endures, writes The Global Lawyer.
-
A&O Shearman Adopts 3-Level Lockstep Pay Model Amid Shift to All-Equity Partnership
By Habiba Cullen-Jafar | October 17, 2024
The changes follow the news that the firm is to trim its partner numbers and withdraw from certain areas, as elite law firms seek ways to better reward top performers.
-
International Edition | Analysis
Cutting Partner Compensation Becomes Routine in Big Law
By Christine Simmons | October 14, 2024
Some firms are making sharper pay cuts of partners, helping them pay their top performers.
-
Law Firm and In-House Salaries on the Rise in Canada, Survey Says
By Gail J. Cohen | October 8, 2024
Robert Half Canada's salary guide projects legal employers are on track to raise pay by 2% in 2025.
-
International Edition | Analysis
Will Private Credit Produce Another Kirkland?
By Patrick Smith | October 8, 2024
"If [law firms] don't have the right volume, the right connections, the right associates and the right knowledge management tools, they will burn out. The big players won't," said Akin Gump Strauss Hauer & Feld's Ranesh Ramanathan.
More From ALM
View Now
View Now
View Now
New York, NY
Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.
Learn More
New York, NY
Legalweek New York explores Business and Regulatory Trends, Technology and Talent drivers impacting law firms.
Learn More
London
Celebrating achievement, excellence, and innovation in the legal profession in the UK.
Learn More
We are a boutique firm specializing the area of real estate law and handling both litigation and transactional matters. We are seeking an as...
Apply Now ›
Rabb, Hamill, P.A, located in Woodbridge, NJ, seeks an experienced NJ licensed Personal Injury Trial attorney. The successful candidate wi...
Apply Now ›
The United States Court of Appeals for the Tenth Circuit is accepting applications from all qualified persons for the position of Federal Pu...
Apply Now ›