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Boston Associates See New Round of Salary Increases
In a second wave of Boston salary increases, new associates can expect to receive $160,000 in first-year pay as law firms with offices in that city respond to pay hikes in Chicago, Los Angeles and New York. Foley Hoag characterized the change as a way to maintain top-quality legal help.Summer Associate Job Offers Must Be Accepted Within 45 Days
Starting next fall, law students will need to think fast when choosing which offer to accept for a summer associate job, due to a change in timing guidelines established by NALP that require second-year law students to accept a firm's offer of summer employment within 45 days. If students do not respond, the offer lapses. "We heard that firms with smaller associate programs were having a particularly difficult time predicting their yield on offers to law students," says Gihan Fernando, president of NALP.Sheppard Mullin Partner Takes Unconventional Path to Bench
During her decades-long stint at Sheppard, Mullin, Richter & Hampton, Laura Taylor was an associate, a part-time associate, a partner, a special counsel and, finally, a partner again before her recent appointment to a bankruptcy judgeship in the Southern District of California. Taylor credits Sheppard Mullin for being flexible with maternity leave as well her leave of absence, during which she founded the San Diego Volunteer Lawyer Program's Special Education Project.Jones Day Steals DLA Piper's Beijing Managing Partner
Jingzhou Tao has left DLA Piper to join Jones Day as a partner in the firm's Beijing office. Tao has expertise in international trade, arbitration and corporate work, and has advised on China-related matters since 1985. His arrival brings the total number of fee earners in Jones Day's Beijing office to 45.Hogan & Hartson Loses Three Partners to Goodwin Procter
Three partners in Hogan & Hartson's private equity group are leaving for Boston-based financial services firm Goodwin Procter. John Aldock, chairman of Goodwin's 85-lawyer Washington, D.C., location, calls the additions the "first in a series of steps that we are taking to expand" that office. Goodwin is also looking to grow real estate and intellectual property practices in D.C.View more book results for the query "*"
Lewis and Roca Merges With Nevada Firm
Phoenix-based Lewis and Roca, a 170-attorney firm with offices in Nevada, Arizona and New Mexico, is merging with one of Nevada's oldest firms, Beckley Singleton. The firm will do business under the name Lewis and Roca, and it will be one of the largest in Nevada, with 57 attorneys practicing in the state and 200 attorneys firmwide.Sullivan & Cromwell to Pay Senior Associates Bonuses Tied to Firm's Performance
Sullivan & Cromwell has unveiled a plan to pay senior associates and counsels supplemental bonuses tied to the firm's financial performance. According to an internal memo, the new bonuses are for fifth-year associates and up, as well as counsels, and which will be paid in addition to those lawyers' base salaries and normal year-end bonuses. A Sullivan & Cromwell partner said the supplemental bonuses would probably range from about $15,000 for fifth-years to about $30,000 for eighth-years.Cravath to Give Associates Special Bonus Plus Year-End Bonus
Law firm bonus season got off to an early start this year as Cravath, Swaine & Moore -- often regarded as a market leader in associate compensation -- announced on Monday that it would pay one-time special bonuses ranging from $10,000 for first-years to $50,000 for senior associates, along with year-end bonuses running from $35,000 to $60,000. The two bonuses come on top of salaries starting at $160,000.No Disqualification of Sidley in Patent Dispute
A Sidley Austin patent agent's previous work for a lighting company while at another firm should not disqualify Sidley lawyers from representing an inventor suing the company for patent infringement, a Manhattan federal court has decided. Sidley is representing a client in suits against several lighting companies over processes used in the manufacture of light emitting diodes. The judge agreed that the patent agent should be personally disqualified, but the conflict should not be imputeSonnenschein Names D.C. Partner as Next Chairman
Chicago-based Sonnenschein Nath & Rosenthal has named Elliott I. Portnoy as its next chairman, succeeding Duane C. Quaini. Portnoy, who is based in Sonnenschein's Washington, D.C., office, is 40 and will become the youngest and first partner outside Chicago to serve as chairman. Sonnenschein is No. 48 on The Am Law 100, with 2005 gross revenues of $448 million.Trending Stories
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