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International Edition

2021 In Review: The Asia-Pacific Shone Despite the Global Talent War and China's Regulatory Crackdown

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.
7 minute read

International Edition

Sidley Boosts Senior Associate Bonuses. Will Another Round of Raises Follow in Big Law?

The news comes alongside market-leading bonuses, and weeks after the firm launched new associate development offerings.
3 minute read

International Edition

Why I Left My Law Firm: A Rundown Of What's Behind The Associate Talent Drain

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.
3 minute read

International Edition

The Cost of the Talent War: Bonuses, Raises Drive Up Big Law Compensation Expenses by Double Digits

Am Law 200 firms saw double-digit percentage increases in compensation expenses as firms pour money into the talent war.
4 minute read

International Edition

How Verein Law Firms Have Learned to Work the System

In turning revenue rankings to their advantage, vereins share something in common with the author's dog.
4 minute read

International Edition

As More Firms Dole Out Bonuses in the US, Several Give Extra to Big Billers

Clifford Chance, Morrison & Foerster and Fried, Frank, Harris, Shriver & Jacobson are sweetening the pot for the lawyers who stayed most busy this year.
4 minute read

International Edition

The Global Lawyer: What Kirkland's Move Could Mean for 'Salaried Partners'

Kirkland & Ellis' move to shorten its partnership track will be influential. Could we see the global 'salaried partner' pool shrink?
6 minute read

International Edition

Paul Weiss, Paul Hastings and Debevoise Match Davis Polk Bonuses

The news comes just weeks after Paul Weiss implemented discretionary bonuses for top performers.
3 minute read

International Edition

Cravath Adopts Modified Lockstep Compensation System

After close to 50 years of a pure lockstep compensation system, an internal memo says the firm is making the change to advance its strategy.
2 minute read

International Edition

Baker McKenzie Latest to Join Germany's Associate Pay War

The increase puts Baker McKenzie salaries in Germany above those offered by international rivals that have also increased pay rates. But it is still below the rate increases announced by the German firms Hengeler Mueller and Gleiss Lutz.
2 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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