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The American Lawyer

Bonus Parade Continues, With Additional Firms Matching Milbank

While firms didn't rush to match Milbank's special bonuses in August, Cleary, Davis Polk, Weil, Skadden Arps, Cadwalader, and O'Melveny are the latest to join the ranks of those matching Milbank's summer and end-of-year bonus schedule.
2 minute read

New Jersey Law Journal

Managing Partners Survey: Please Let Us Know How The Past Year Went

All responses are CONFIDENTIAL.
2 minute read

International Edition

Taylor Wessing Germany Ups Associate and Salaried Partner Pay

The move brings Germany pay closer to UK levels, where in August the firm lifted newly-qualified lawyer salaries to £115,000.
2 minute read

Corporate Counsel

Microsoft's Banner Year Pushed Brad Smith's Pay Sharply Higher

The company racked up lots of wins in the fiscal year that ended June 30, including completing its largest acquisition ever, the $69 billion purchase of Activision Blizzard—a deal Smith pushed across the finish line in October.
4 minute read

National Law Journal

Average Partner Pay in D.C. Is Climbing—but Not as Fast as Billing Rates

The average pay for Am Law 200 partners, including equity and nonequity partners, in D.C. has eclipsed $1.5 million.
3 minute read

Texas Lawyer

Many Judges Earn Less Than Lawyers: Texas Judiciary Asks for 30% Raise

Office of Court Administration Executive Director Megan LaVoie said 26% of judges who voluntarily retire said salary was a contributing factor.
5 minute read

International Edition

Clifford Chance Further Modifies Lockstep to Better Reward Top Performers

The top of equity at the firm can now reach £12 million, according to one person familiar with the matter, amid a frantic London hiring market.
2 minute read

International Edition

It's Time Law Firms Were Upfront About Who Their Salaried Partners Are

Clients are paying more attention to who is doing the work they're getting billed for; yet the salaried partner tier endures, writes The Global Lawyer.
4 minute read

International Edition

A&O Shearman Adopts 3-Level Lockstep Pay Model Amid Shift to All-Equity Partnership

The changes follow the news that the firm is to trim its partner numbers and withdraw from certain areas, as elite law firms seek ways to better reward top performers.
3 minute read

Law.com

Judge Shrinks Attorney Fee Award for 'Data Dump,' Billing Record Deficiencies

KPM's invoices lacked charts, summaries or other explanation as to its purportedly reasonable hours, the court said.
5 minute read

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