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By Andrew Maloney | December 7, 2023
The average annual growth in income partner classes at some of the most profitable firms between 2017 and 2022 was 13.4%, while at other large, two-tier partner firms, it was 4%, according to a report this week.
4 minute read
By Abigail Adcox | December 7, 2023
Associates who billed 2,400-2,499 hours will receive an additional 10% bonus, while the firm will pay more for those who bill higher.
2 minute read
By Victoria Pfefferle-Gillot | December 7, 2023
Richard A. Levan, managing partner of Levan Legal, is a course planner and set to co-moderate for the Federal Securities Law Forum sponsored by the Philadelphia Bar Association.
3 minute read
By Ross Todd | December 7, 2023
A whole host of trial-centric firms have met or exceeded the Big Law scale set by Cravath, Swaine & Moore. Here's a look at how and why.
4 minute read
By Tracy LaLonde | December 6, 2023
The command-and-control style of management is present in many law firms—and while it may arguably have worked in the past, it's become increasingly ineffective as motivation, expectations and tolerance of associates have evolved.
6 minute read
By Patrick Smith | December 5, 2023
Milbank's mid and senior associates are getting another pay raise.
2 minute read
By Sarah Tincher-Numbers | December 5, 2023
The firm recruited another group of former clerks who worked with Republican-nominated judges on the U.S. Supreme Court.
2 minute read
By Brenda Sapino Jeffreys | December 5, 2023
Litigation boutiques and other small firms compete for the same top law students as Big Law, so they are likely to move to the new, higher market salary and bonus scales for associates.
4 minute read
By Dan Roe | December 4, 2023
The litigation shop's formula compensation system rewards associates for originating clients and contributing to contingency cases.
2 minute read
By Abigail Adcox | December 1, 2023
While Covington may be one of the first D.C. firms to match, other profitable firms in the capital region are likely to follow.
2 minute read
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