The American Lawyer | Analysis
By Justin Henry | January 16, 2024
"It is so much easier to keep people happy when they can't see someone is making more than them even though they have more in originations," said Jeffrey Lowe, recounting the message he hears from firms with opaque compensation models.
The American Lawyer | Analysis
By Andrew Maloney | January 3, 2024
Law firms will need to make harder choices if they want to keep up, but many firms are too tepid about where to drill down, noted consultant Kristin Stark.
Texas Lawyer | Analysis|Expert Opinion
By Quentin Brogdon | January 2, 2024
The first hurdle to be cleared is relevance. The second hurdle is the authentication hurdle, but the authentication hurdle is not as high as many lawyers seem to believe.
The American Lawyer | Analysis
By Dan Roe | December 28, 2023
From Stroock to Schnader, firms that failed struggled with common issues of recruitment, retention and financial obligations.
The American Lawyer | Analysis
By Justin Henry | December 28, 2023
Though firms have different approaches, the momentum in partner compensation is heading toward merit-based rewards to compete for rainmakers and grow profitability.
Daily Report Online | Analysis
By Alex Anteau | December 21, 2023
"We're in a period of upheaval in terms of how we're assessing juries," consultant Tara Trask said.
The American Lawyer | Analysis
By Patrick Smith | December 20, 2023
"The overwhelming majority of our colleagues are complying," noted Davis Polk's Neil Barr. "I know not everyone loves it, but from the institution's perspective, we are in a good spot."
The American Lawyer | Analysis
By Patrick Smith | December 18, 2023
The firm's moves are consistent with a slew of large law firms making staff and associate cuts in 2023, as firms focused on efficiency, outsourcing and productivity in a year of declining demand.
The American Lawyer | Analysis
By Andrew Maloney | December 12, 2023
Most of the law firms that have confirmed matches to the latest associate salary scale have PEP above $2 million a year and more than $1 dollars in gross revenue.
The American Lawyer | Analysis
By Christine Simmons | Anne Bagamery | December 11, 2023
"It was clear that if we didn't approve the pension, the [Allen & Overy] deal wasn't going to go through," a retired Shearman partner said.
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