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May 28, 2024 | The American Lawyer

Is There a Maximum Number in This Salary Race?

What we need, writes the Global Lawyer, is a market peak: a Usain Bolt of the legal world that sets a junior lawyer pay rate so far ahead that no one can beat it, but AI might make the problem worse.
6 minute read
May 28, 2024 | The American Lawyer

Largest Law Firms Increase Partner Pay Spread, as Comp Models Hit 'Inflection Point'

The Am Law 100 upped its average equity partner pay spread from 9.8-to-1 in 2022 to 10.3-to-1 in 2023, according to a sample of firms' data.
7 minute read
May 27, 2024 | Law.com

Is There a Maximum Number in This Salary Race?

What we need is a market peak, a Usain Bolt of the legal world that sets a junior lawyer pay rate so far ahead that no one can beat it, but AI might make the problem worse, writes the Global Lawyer.
6 minute read
May 24, 2024 | Law.com

How I Made Partner: 'Consider Your Co-Workers as Clients,' Says Taylor Weinstein of Pryor Cashman

"Having a positive attitude about work assignments is noted and makes partners want to work with you in the future. Ultimately, it will be your partners and peers who will be deciding on your promotion, so you want as many people on your side to advocate for you when the time comes."
6 minute read
May 24, 2024 | New York Law Journal

Pollution Exclusions and PFAS Claims: Reading Tea Leaves From Early Coverage Rulings in New York and Elsewhere

Lawsuits have been filed across the country that allege harms purportedly caused by PFAS chemicals. The underlying litigations have resulted in billions of dollars in settlements, which, in turn, have led to demands for insurance coverage and associated coverage litigation.
7 minute read
May 22, 2024 | New York Law Journal

Once 'Unheard Of,' $20M Partner Pay Becomes Standard to Meet at Davis Polk, Simpson Thacher

"The market is the reality and you have to live in that reality. You can't have your head in the sand," said industry expert Peter Zeughauser.
5 minute read
May 22, 2024 | The American Lawyer

Once 'Unheard Of,' $20M Partner Pay Becomes Standard to Meet at Davis Polk, Simpson Thacher

"The market is the reality and you have to live in that reality. You can't have your head in the sand," said industry expert Peter Zeughauser.
5 minute read
May 20, 2024 | The American Lawyer

Deal Watch: Big Week in Deals as Creative Dealmaking Merges With More Activity

"Each of our clients is getting more inbound phone calls from firms looking to work with them than they did three or four years ago," noted Ben Beerle, a corporate partner with Cooley who handles mergers and acquisitions.
11 minute read
May 16, 2024 | The American Lawyer

Top Partner Pay at Simpson Thacher to Breach $20M

The New York firm joins several elite peers in stretching the spread in equity partner compensation, as competition for top earners intensifies.
4 minute read
May 14, 2024 | New York Law Journal

Court of Appeals Overturns Weinstein Criminal Conviction

The Court of Appeals recently overturned the criminal conviction of Hollywood producer Harvey Weinstein. The majority opinion reversed a decision of the Appellate Division, First Department that had affirmed Weinstein's conviction. There were two strongly worded dissents by Judges Singas and Cannataro.
7 minute read

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