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October 06, 2009 | Law.com

Bingham McCutchen to Adopt 'Merit Lockstep' System

Bingham McCutchen has joined the ranks of firms that are tweaking their compensation systems, saying Monday it is moving to a "merit lockstep" system that will keep base pay on lockstep but introduce a merit component into bonuses. A memo first reported on the blog Above the Law said that while the firm is not abandoning lockstep, it is "keenly aware of current marketplace conditions" and believes that "to maintain our continued success, we need to incorporate a merit component into our overall lockstep structure."
3 minute read
April 12, 2007 | Law.com

Salaries Going Up at Ballard Spahr and Flaster Greenberg

Two Philadelphia firms are bumping up first-year associate salaries. Ballard Spahr Andrews & Ingersoll plans to increase first-year associate salaries from $125,000 to $135,000, and Flaster Greenberg is raising starting pay from $120,000 to $130,000. Ballard Spahr also has expanded its bonus system from a traditional merit basis to one that includes an hour-based system. Flaster's Peter R. Spirgel said the pay increase puts the firm's starting salaries ahead of those at many New Jersey firms.
4 minute read
January 12, 2007 | National Law Journal

For White & Case, Global Expansion Was the Easy Part

Boasting almost 40 offices worldwide, White & Case has a global network that many firms are trying to emulate through their own international expansion. But the 2,000-lawyer firm has found that expanding across the globe is the easy part. Now, it's wrestling with how to best integrate and utilize the vast network it has acquired over the past three decades. How the firm will be managed going forward will be a major topic this weekend as White & Case partners meet in Prague for their annual retreat.
11 minute read
November 23, 2009 | The Legal Intelligencer

PaLAW 2009 Top 100 Firms

23 minute read
October 05, 2007 | Law.com

How Managing Partners Manage to Survive

Being in charge of an office full of lawyers may be as close to thanklessness as a job gets. "Everybody says, 'Thank God you're doing that,'" Jonathan Hayden, head of Heller Ehrman's San Francisco office, says with a laugh. But if gratitude is measured in dollars, managing partners are taken for granted; only 22 percent of those surveyed said they're earning more than before they began their new roles. So why take the job? For a few it's a new career track; others say they're simply taking one for the team.
9 minute read
December 01, 2005 | Law.com

Law Firm Leaders: Conservatively Optimistic

An overwhelming 89 percent of respondents to The American Lawyer's annual law firm leaders survey say they're optimistic about 2006. But in addition to all the upbeat forecasts on firms' prospects and profits, the survey revealed a host of woes involving lawyer productivity, a dearth of qualified lateral partners and an inability to open offices in London or China. One lament in particular that echoes through firm leaders' replies: a failure to connect with a new generation of lawyers.
10 minute read
March 01, 2010 | National Law Journal

INADMISSIBLE

Things are looking good for Skilling's Srinivasan; economy challenges D.C. firms; Breuer isn't talking; rum battle goes to Congress; Grassley wants names; Toyota needs two law firms; and Liu's nomination may bring the ruckus in this week's column.
5 minute read
June 15, 2009 | New York Law Journal

Accolades

Tonight at its 10th anniversary program, The Burton Foundation, a nonprofit academic organization, will present its 2009 Awards for Legal Achievement in recognition of effective legal writing. The event will be held at the Library of Congress. The Lifetime Reform in Law award will be presented to former New York Chief Judge Judith Kaye.
4 minute read
December 17, 2009 | Law.com

Will More Firms Re-Defer Their Incoming First-Years?

After Nixon Peabody announced on Tuesday that it would re-defer two-thirds of its deferred first-year associates until January 2010, The Am Law Daily decided to check in with 42 other firms slated to start new lawyers soon to see if they'd made any last-minute scheduling changes. Roughly half of the firms responded, and the good news is that most of them say they're still on track to open their doors to first-year classes next month. In fact, some associates have already been asked to start ahead of schedule.
3 minute read
October 12, 2005 | Law.com

Calif. Still a Challenge for National Law Firms Seeking Lobbying Revenue

As the world's fifth-largest economy, California should be a hotbed of lobbyist activity. But if the dearth of national and international law firms in the state's capital is any indication, Sacramento has yet to prove itself a mother lode. Despite Greenberg Traurig's recent acquisition of a Sacramento firm, some attorneys say big national firms "just don't know how to get their arms around" the state and its capital.
7 minute read

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