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Skadden Bumps Up Associate Pay to $160,000
Skadden, Arps, Slate, Meagher & Flom said Wednesday it would increase its associate salaries to $160,000, following in the footsteps of Simpson Thacher & Bartlett and a wave of other New York firms that matched the increase for first-years. Skadden is the first law firm with a major Washington, D.C., presence to up the ante for associate pay in Washington. The firm has 263 lawyers in the District. So far, most D.C. firms are staying quiet about whether or not they'll follow.Penalty Box: D.C. Lawyer Rapped for Providing Bad Advice
Penalty Box is a new feature on lawyers who do very bad things. This week: benevolence may be a virtue. But it can also get you your law license suspended.Latest Merger Has Midsize Firms Pondering the Altar
It began, perhaps appropriately, at a romantic Manhattan restaurant. Mary Cranston, chair of San Francisco's Pillsbury Winthrop, was having a get-to-know-you lunch with Stephen Huttler, managing partner of D.C.'s Shaw Pittman. The meeting was outwardly casual. "It was kind of like a first date," Huttler recalls. But behind the pleasantries were hard business realities. Last week, after 13 months of courting, the firms announced they would tie the knot. Will the merger convince other law firms to pair off?Trending Stories
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