Lawyer Compensation - General
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Cravath, Paul Weiss, Goodwin Procter and Throng of Other Law Firms Pile Onto New Associate Pay Scale
By Christine Simmons | June 17, 2021
A series of big law firms, such as Willkie Farr & Gallagher, Paul Hastings and Morgan Lewis & Bockius, followed to confirm their own increases in associate pay.
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Will Salary Wars Impact the Legal Industry's Diversity Efforts?
By Dylan Jackson | June 17, 2021
"I don't think money is going to be the answer to retaining diverse lawyers," Major, Lindsey & Africa recruiter Merle Vaughn said.
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More Top Firms Match Davis Polk Associate Salary Hike, Skadden Quickens Career Track
By Patrick Smith | June 16, 2021
A number of U.S. firms have raised their associate pay bands across their international offices.
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More Firms Match in Associate Salary Battle But Holdouts Remain
By Andrew Maloney | June 15, 2021
The overall raises apply to U.S.-based associates but the firms say pay increases at international offices "will be communicated separately."
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International Edition | Features
'Justifying the Stress': As Associate Pay Tops $200K, UK and European Lawyers Are Unconvinced
By Varsha Patel | June 15, 2021
Lawyers and market commentators across the U.K., Germany and France reflect on the impact of the associate pay war in their respective regions.
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Clifford Chance Ups Base Salary For London NQs
By Meganne Tillay | June 15, 2021
The decision comes as more U.S. firms join the global pay race for junior talent.
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International Edition | Commentary
The Global Lawyer: Are Lawyers Still Driven by the Dollar (or Pound or Euro)?
By Lisa Shuchman | June 14, 2021
The 2021 raise race has begun in the U.S. but will top talent consider more than just money this time when deciding where to go?
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More Salary Dominoes Fall at Am Law 200 Firms While Others Wait and See
By Andrew Maloney | June 14, 2021
The latest firms raising associate pay include Vinson & Elkins and Gunderson. Still, most of the top 20 most profitable law firms had yet to confirm any pay raises as of mid-Monday afternoon.
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International Edition | Commentary
As Profits Stagnate, the UK's Elite Can't Keep Up With US Peers
By Paul Hodkinson | June 14, 2021
As the latest detailed LLP accounts show, the top firms in the U.K. are watching profit margins slide backwards.
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After Davis Polk Jumped Ahead, Other Firms Take Diverging Paths On Associate Raises
By Dylan Jackson | June 11, 2021
Many firms have yet to move, but those who have are split on which leader to follow.
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