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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."Clifford's Last Chance? Firm Backs Palo Alto Partner
Reeling from defections from its San Francisco office, Clifford Chance appears to be throwing a rope to its California practice by voting a Silicon Valley partner into its firmwide Partnership Council. Daniel Harris, an IP partner in the firm's Palo Alto office, was elected to Clifford Chance's Partnership Council on Monday. Harris may end up being its sole partner in the Bay Area. The legal community has been buzzing about the expected defection of the firm's California securities litigation group.King & Spalding Ups Ante to Match Alston's Pay for First-Years
King & Spalding matched Alston & Bird's $15,000 increase in associate starting pay late Aug. 1 - but made no mention of pay increases for senior classes of associates.Fastest-Growing Firms Ranked by Increase in Number of Pa. Attorneys
The following is a list of the fastest-growing law firms in Pennsylvania ranked by the total increase in number as reported in the 2010 edition of PaLAW magazine.At the Supreme Court, an Hour Can Last 66 Minutes
The late Chief Justice William Rehnquist was usually a stickler during Supreme Court oral arguments, cutting lawyers off in mid-syllable when the red light went on at the end of their allotted time. To the relief of advocates, Chief Justice John Roberts Jr. has relaxed those standards, often letting lawyers finish their thoughts after the red light goes on and adding extra rebuttal time if he feels it's needed for fairness. This approach was on display during the dense and complex arguments in Samantar v. Yousuf.California's Biggest Law Firms Receive Poor Marks for Minority Hiring
The grades are in on workforce diversity, and if this were school, California's largest law firms would barely be passing. Berkeley's Greenlining Institute released a report card Thursday summarizing how the legal profession has fared in hiring and promoting attorneys of various ethnic backgrounds. The report comes in two parts, one highlighting the percentage of minority associates recently employed at each firm, the other showing the percentage of minority partners. And the numbers are not encouraging.Trending Stories
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