National Law Journal | Analysis|News
By Abigail Adcox | January 22, 2024
While not tracking origination credits may carry some risks, Covington partners argue the pay model is at the heart of the firm's team-based approach in client work and has helped in attracting laterals.
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.
By Patrick Smith | January 12, 2024
A host of large law firms advised on one of the largest announced M&A deals so far in 2024.
By Justin Henry | January 11, 2024
The adoption of a nontransparent pay system comes as firm leaders seek to reduce internal tensions as the spread of compensation expands.
By Patrick Smith | January 8, 2024
"We are cautiously optimistic the healthcare and pharma IPO market will gain strength in 2024," said McDermott partner Todd Kornfeld.
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.
By Brenda Sapino Jeffreys | December 11, 2023
Finishing up a year when revenue will set a record, Susman Godfrey will pay 'special' bonuses to every employee at the trial firm.
By Patrick Smith | December 11, 2023
In-office mandate adherence will be a factor in overall pay for Simpson personnel, with the firm saying noncompliance could affect compensation, sources said.
By Brenda Sapino Jeffreys | December 1, 2023
The two Am Law 100 firms are the first Texas-founded firms to announce they have moved to the new, higher salary scale set by Cravath Swaine & Moore this week.
By Patrick Smith | November 28, 2023
Karessa Cain led Wachtell teams for eBay and Jacobs Solutions for deals announced on same day.
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