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Gunderson Hikes 1st-Year Pay to $145K
The gloves are off when it comes to using market-rate salaries to woo fresh associate recruits to Silicon Valley firms. First-year associates will earn $125,000 plus a guaranteed minimum bonus of $20,000 next year at Gunderson Dettmer Stough Villeneuve Franklin & Hachigian. The salary increases, which take effect Jan. 1, are across the board at the Menlo Park, Calif.-based corporate boutique.The Real World According to Summer Associates
Summer associates come off as a tough crew in The American Lawyer's survey of almost 6,800 interns at about 200 firms, welcoming brutal honesty about their own performances and leaving none of the firms immune from suggestions for improvement. But overall, law students gave their summer employers lots of praise. While the survey's upper tiers included many familiar names, plenty of newcomers hit high notes -- and two of the top 10 slots were captured by firms that vaulted more than 100 spots.In a Time of Transition, Mayer Brown Looks to Its Trio of Leaders
Five years after its merger with Rowe & Maw made it one of the largest law firms in the world, Chicago-based Mayer, Brown, Rowe & Maw's controlling partners are rumored to be in a turf war for control, with the future of the firm resting in the hands of the London office's managing partner, Paul Maher. Meanwhile, at least 20 partner defections in New York, sagging profits in the New York and London offices, a controversial de-equitization of partners and a looming malpractice suit have rocked the firm.Law Firms Taking Equity in High-Tech Clients Stirs Ambivalence
As dot-com fever continues to rise in Silicon Alley, some of New York's oldest, largest and most conservative law firms have decided that they, too, want to be players in the new economy. Large New York firms have traditionally shied away from the risks of investing in start-ups, and the possibility of facing ethical dilemmas. But with the potential windfalls in the multimillions should a start-up prove successful, a number of New York firms have put aside their concerns and taken the plunge.Pitchers and catchers don't report until Feb. 18 this year, so here's a little story about baseball IP rights to ease the wait.
New court filings in Apple's patent suit against Samsung offer a peek at how much the combatants pay just some of their outside counsel. Needless to say, the lawyers don't come cheap.
Boy are our faces red! We mistakenly wrote about the wrong Schwab fund case yesterday. In the case that actually settled, Schwab suffered a series of pre-trial setbacks before San Francisco federal district court judge William Alsop.
10 N.Y. Firms Listed as Best for Women
Roughly half of the law students across the country presently involved in on-campus interviews have a personal stake in this question: Exactly which large firms are best for women? Conveniently, the second annual survey by Flex-Time Lawyers and Working Mothers Magazine was released Tuesday, listing the nation's top 50 shops in terms of work-life balance, mentoring opportunities for women, retention of female attorneys and family accommodation.Trending Stories
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