0 results for 'Cravath, Swaine & Moore LLP'
Deutsche Bank Taps Two Big Firms to Resolve $14B DOJ Claim
Simpson Thacher & Bartlett and Latham & Watkins are said to be advising the German financial services giant as it copes with a reported $14 billion demand by U.S. regulators to pay for its role in the 2008 financial crisis.
Choate Hall, Kaye Scholer Again Top Summer Associate Rankings
For the second year in a row, the firms tie for the ranking's top spot. Crowell & Moring is third.
Associate Salaries: What Am I Worth?
Philadelphia law firm salaries are once again in the news. Repeating ­practices from a decade ago, the largest firms in New York raised ­first-year ­starting ­salaries from $160,000 to $180,000. Large Philadelphia firms are now feeling the pressure, demonstrated by Dechert's decision to match the raises initiated by white-shoe Wall Street firm Cravath, Swaine & Moore. The publicity generated by the astronomically high salaries suggests to outsiders that the legal profession continues to be an exceedingly well-paying career option. It also creates an expectation that large law firm jobs paying salaries of $180,000 are the norm. To the contrary, the vast majority of lawyers, both experienced and fresh out of law school, will not work for law firms ­paying $180,000 to first-year associates. They will instead work at small and medium-sized law firms, government agencies, and in the nonprofit sector.
Susman Godfrey Boosts Bonuses for Ex-Federal Clerks
The firm announced Wednesday that it's sweetening its bonuses for incoming associates, with new lawyers eligible to get as much as $100,000 if they've clerked for more than one judge.
Smith Gambrell Raises Associate Pay as Others Mull Options
Smith Gambrell & Russell has raised associate pay, bumping up its local starting salary to $155,000, effective Sept. 1.
Third Circuit Revokes Class Status in Provigil Antitrust Case
A federal appeals court stripped class status from direct purchasers of the narcolepsy drug Provigil, sending an antitrust case back to a lower court for a second look on class certification.
Paralegals Edging Out First-Years as Firms Face Profit Squeeze
With clients putting pressure on law firms to keep rates low and associate salaries on the rise at many firms, firm leaders are increasingly looking to adjust their staffing models, oftentimes placing more responsibilities on their paralegals.
'Nobody Escaped This Nightmare': NYLJ Readers Recall 9/11
To mark the 15th anniversary of the Sept. 11, 2001 attacks, the New York Law Journal asked readers to share their memories.
Survey: Atlanta Big Law Associates Have Cheered Up
Midlevel associates at several of Atlanta's large law firms are a much happier bunch than a few years ago—at least the ones responding to The American Lawyer's annual Midlevel Associate Satisfaction survey.Trending Stories
- 1Infant Formula Judge Sanctions Kirkland's Jim Hurst: 'Overtly Crossed the Lines'
- 2Election 2024: Nationwide Judicial Races and Ballot Measures to Watch
- 3Guarantees Are Back, Whether Law Firms Want to Talk About Them or Not
- 4How I Made Practice Group Chair: 'If You Love What You Do and Put the Time and Effort Into It, You Will Excel,' Says Lisa Saul of Forde & O'Meara
- 5Abbott, Mead Johnson Win Defense Verdict Over Preemie Infant Formula
- 6How Much Does the Frequency of Retirement Withdrawals Matter?
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
More from ALM
Resources
Criminal Division's Evaluation of Corporate Compliance Programs: September 2024 Updates Review
Brought to you by NAVEX Global
Download Now
Data Management and Analytics: The Key to Success for Legal Operations
Brought to you by DiliTrust
Download Now
Small Law Firm Playbook: The Expert's Guide to Getting the Most Out of Legal Software
Brought to you by PracticePanther
Download Now
Strong & Hanni Solves Storage Woes--Learn How You Can, Too
Brought to you by Filevine
Download Now