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The American Lawyer

Law Firms Are 'Struggling' With Partner Pay Segmentation, as Top Rainmakers Bring In More Revenue

Some partners last year "doubled their book of business, and not just from $20 to $40 million, but $60 to $120 million," noted Blane Prescott. "More firms are struggling with: what should the top be?”
5 minute read

Daily Report Online

Eversheds Sutherland Taps EY Vet to Lead Firm's Captive ALSP in US

The firm also unveiled its first U.S. chief strategic recruiting officer this week.
5 minute read

The American Lawyer

Law Firms Turn to 'Golden Handcuffs' to Rein In Partner Movement

Many firms are increasingly implementing strategies such as clawbacks and deferred compensation to discourage partners from leaving, noted legal recruiter Mike Parrillo.
5 minute read

Daily Business Review

Greenberg Traurig Combines Digital Infrastructure and Real Estate Groups, Anticipating Uptick in Demand

The announcement from the Am Law 50 firm comes the same week OpenAI, SoftBank and Oracle announced plans to invest $500 billion into a project focused on building artificial intelligence infrastructure in the U.S. over the next few years.
4 minute read

The Legal Intelligencer

People in the News—Jan. 17, 2025—Feldman Shepherd, Lauletta Birnbaum

Feldman Shepherd Wohlgelernter Tanner Weinstock Dodig announced that attorney George A. Donnelly has been appointed to the overlapping boards of directors of Community Legal Services of Philadelphia and Philadelphia Legal Assistance.
3 minute read

The American Lawyer

Are Counsel Ranks Getting 'Squeezed' as Nonequity and Associate Pay Grows?

When it comes to compensation raises for counsel, they can end up in “no man’s or no woman’s land,” said Jeff Lowe at CenterPeak.
5 minute read

The American Lawyer

Big Law Begins 2025 With Boston Laterals and Deals

Law firm leaders and industry experts have lately pointed to Boston as an area ripe for investment.
5 minute read

Delaware Business Court Insider

Womble Bond Dickinson's Wilmington Office Sees New Leadership as Merger Is Completed

The Am Law 100 firm has now officially merged with Phoenix-based Lewis Roca Rothgerber Christie, and it has four new office managing partners and a new chair and CEO in Merrick Benn.
4 minute read

The American Lawyer

Law Firms Grapple With Nonequity Partner Pay ‘Friction’

Pay for nonequity partners can approach or overlap with compensation of senior associates, counsel as well as some equity partners, firm leaders and consultants say.
6 minute read

The American Lawyer

As Bonus Pools Expand, Challenges Grow in Partner Compensation

While partner bonuses remain a strong and flexible tool to reward lawyers, the more firms lean on them, the more likely it is they can cause confusion or dismay, some observers say.
7 minute read

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