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International Edition

Freshfields' Cultural Revolution Has Started, But Lockstep Stands in the Way

The election of Georgia Dawson as senior partner can help the firm lift itself out of this murky period, but the lockstep issue has the force to scupper progress.
5 minute read

International Edition

Freshfields Hands Out Special US Associate Bonuses

The firm is attempting to remain competitive in the US, where several firms have handed out the incentives.
2 minute read

International Edition

Tossed but Not Sunk: Survey Gives a First Look at French Firms' Response to COVID-19

A study of 200 international and French law firms showed predictable financial declines but also a "surprising" level of solidarity and leadership, according to the Paris-based consulting firm that conducted the study.
4 minute read

International Edition

Sullivan & Cromwell, Debevoise, Simpson Thacher Roll Out Bonuses

Sullivan & Cromwell, which reportedly laid off 50 staff members in July, joins firms such as Venable and Baker McKenzie in balancing costs against compensation.
2 minute read

International Edition

The 2020 Global 100: Ranked by Profits Per Equity Partner

Slaughter and May was the highest-ranking non-U.S. firm, at 24th.
1 minute read

International Edition

Littler Reinstates Pre-Pandemic Pay, Joining Other Big L&E Firms

The international firm is making its lawyers and staff in the U.S., Mexico and Canada whole after months of reduced compensation.
3 minute read

International Edition

Milbank Matches Bonus Scale, Will Pay Out Extra For Top Performers

The firm's move, following Davis Polk's announcement, will likely spur other law firm partnerships to consider matching. The bonus comes on top of what the firm plans to offer at year-end, which they said will likely equal last year's year-end bonus.
3 minute read

International Edition

Davis Polk, Cooley to Reward Associates With Special Bonuses

Other U.S. firms are making the move or considering it.
3 minute read

International Edition

Linklaters and CMS Restart Partner Distributions After COVID Delays

Linklaters has already paid back partners their delayed distributions, and is set to return to its usual timetable.
2 minute read

International Edition

Eversheds Sutherland Partially Pays Back Cut Comp, but Pay Cuts Will Remain

The U.S. branch of the firm is retroactively restoring half of the compensation cuts to employees from May through August, said U.S. co-CEO Mark Wasserman.
3 minute read

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