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February 20, 2007 | Law.com

Atlanta-Based Firm Raises Salaries Twice in Two Weeks

Troutman Sanders, the first Atlanta-based firm to raise associate pay in the recent wave of salary increases a few weeks back, has raised salaries yet again. The first pay bump put Atlanta associates at $125,000; the second matches the $130,000 starting salary that has now become the new top rate at several big Atlanta firms, including Rogers & Hardin.
1 minute read
December 22, 2006 | New York Law Journal

Accolades

For the first time in its 18-year history, the Mexican Bar Association has bestowed its National Jurisprudence Prize to a foreigner - Donald Francis Donovan. A litigation partner at Debevoise & Plimpton, Mr. Donovan was honored in Mexico City on Dec. 7 for his pro bono work in international arbitration and human rights - and especially for his representation of Mexican nationals on death row in U.S. prisons.
5 minute read
March 15, 2010 | National Law Journal

Movers

Bingham McCutchen's Stephen Merrill has been elected co-chairman of the Society of Attorneys General Emeritus. Plus more law firm movers in this week's column.
4 minute read
September 29, 2009 | Law.com

Townsend to Cut Pay, Go Off Lockstep

Townsend and Townsend and Crew has announced it will reduce the pay scale for attorneys in 2010, which includes cutting first-year associate salaries from $160,000 to $145,000. The 200-lawyer firm also said that it would ditch lockstep compensation altogether in 2011 and move to merit-based pay, a system popularized by national intellectual property firm Howrey. Townsend is exclusively an IP firm. The latest move shows that the once-abundant supply of patent litigation is drying up in the recession.
3 minute read
May 17, 2011 | New York Law Journal

NY Partners Switching Firms

1 minute read
August 01, 2007 | National Law Journal

Is this any way to recruit associates?

Ask law firm recruits, particularly those from elite schools, about the summer associate recruiting experience, and the stories are fairly similar: Short interviews, shallow questions and a sheaf of boilerplate marketing materials. For law firms, the process is expensive and time-intensive -- and still results in low acceptance and high attrition rates. Some firms are experimenting with more sophisticated interview strategies used by other professional services firms. But resistance to change is fierce.
23 minute read
Defense Wins 'Cost-Effective' Summary Judgment in Interactive Map Case
Publication Date: 2009-08-11
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The Litigation Daily has grown accustomed to lawyers boasting about their victories. We haven't, however, heard many lawyers brag about winning on the cheap. So when Fish & Richardson's Lauren Degnan sent an e-mail mentioning the "extremely cost-effective way" her team scored a summary judgment ruling for the digital map company TomTom, we hopped on the phone to get details.

November 21, 2007 | National Law Journal

National Rankings

19 minute read
November 23, 2009 | Law.com

Seyfarth Latest to Cut First-Year Associate Pay

Seyfarth Shaw is cutting associate salaries by 5 percent to 10 percent for all first-years who start in 2010, according to J. Stephen Poor, the firm's chairman and managing partner. The firm declined to comment beyond a statement Poor released in which he tied the salary reductions to "pressure" its clients are feeling to cut costs. The announcement came on the same day Seyfarth informed half of its 16 incoming first-years scheduled to start in January that they would not start until October 2010.
1 minute read
March 06, 2007 | Law.com

Will the Corporate Model Backfire on Greenberg?

With revenues up by more than 880 percent from 1996, it's understandable that Greenberg Traurig touts its business model of running like a closely held corporation. But in the wake of the firm paying millions in fines and settlements triggered by partners' imbroglios, many former Greenberg lawyers say the same qualities that yield great financial rewards -- an emphasis on profit, growth and a bureaucracy-free culture -- have allowed rogue lawyers and lobbyists like Jack Abramoff to join the firm and thrive.
33 minute read

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