Lawyer Compensation - General
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Susman Godfrey Year-End Bonuses Soar Above Market Rate
By Brenda Sapino Jeffreys | December 15, 2021
The trial firm announced year-end bonuses Wednesday ranging up to $215,000 for associates in the firm's 2021 partnership class.
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Baker McKenzie, CC Boost Pay Opportunities For UK Junior Lawyers
By Hannah Roberts | December 15, 2021
The duo are the latest to improve pay prospects for junior lawyers in their UK ranks.
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International Edition | Analysis
2021 In Review: The Asia-Pacific Shone Despite the Global Talent War and China's Regulatory Crackdown
By Jessica Seah | Christopher Niesche | December 14, 2021
Capital markets and M&A work ignited sharp increases in law firm revenue, hiring and expansion in 2021—although talent wars and brain drains continue to threaten firms in the region.
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Sidley Boosts Senior Associate Bonuses. Will Another Round of Raises Follow in Big Law?
By Andrew Maloney | December 13, 2021
The news comes alongside market-leading bonuses, and weeks after the firm launched new associate development offerings.
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Why I Left My Law Firm: A Rundown Of What's Behind The Associate Talent Drain
By Varsha Patel | December 10, 2021
Many associates have jumped to competitors, moved in-house or left the profession entirely. Law.com explored the reasons behind these exits in a series of articles throughout the year.
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International Edition | Analysis
The Cost of the Talent War: Bonuses, Raises Drive Up Big Law Compensation Expenses by Double Digits
By Dylan Jackson | December 10, 2021
Am Law 200 firms saw double-digit percentage increases in compensation expenses as firms pour money into the talent war.
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International Edition | Commentary
How Verein Law Firms Have Learned to Work the System
By Paul Hodkinson | December 9, 2021
In turning revenue rankings to their advantage, vereins share something in common with the author's dog.
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As More Firms Dole Out Bonuses in the US, Several Give Extra to Big Billers
By Jessie Yount | December 8, 2021
Clifford Chance, Morrison & Foerster and Fried, Frank, Harris, Shriver & Jacobson are sweetening the pot for the lawyers who stayed most busy this year.
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The Global Lawyer: What Kirkland's Move Could Mean for 'Salaried Partners'
By Krishnan Nair | December 6, 2021
Kirkland & Ellis' move to shorten its partnership track will be influential. Could we see the global 'salaried partner' pool shrink?
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Paul Weiss, Paul Hastings and Debevoise Match Davis Polk Bonuses
By Andrew Maloney | December 6, 2021
The news comes just weeks after Paul Weiss implemented discretionary bonuses for top performers.
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