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New Jersey Law Journal

Oral Contingency Fee Agreement Between Attorney and Best Friend Deemed Unenforceable, Appellate Division Concludes

"The writing requirement's purpose to avoid misunderstanding is well illustrated here," the opinion said. "As the judge found, the situation was 'very unfortunate' for plaintiff and defendants, as both suffered 'damages.' Plaintiff, however, failed to meet its burden of substantiating the attorney's fees demanded against defendants under the breach of contract or quasi-contract theories."
4 minute read

International Edition

Clifford Chance Latest Firm to Match £150K NQ Rate

The move, which draws the firm level with Linklaters and Freshfields, signals the start of a UK pay war and piles yet more pressure on A&O Shearman.
2 minute read

International Edition

Is There a Maximum Number in This Salary Race?

What we need is a market peak, a Usain Bolt of the legal world that sets a junior lawyer pay rate so far ahead that no one can beat it, but AI might make the problem worse, writes the Global Lawyer.
6 minute read

International Edition

Are We on the Cusp of a New NQ Pay War?

US-led firms don't want to pay more in London than they do in New York, and most UK firms are reluctant to play the US game, but moves by Freshfields and Linklaters have put others under pressure.
6 minute read

International Edition

Linklaters Matches Freshfields By Raising NQ Salaries to £150,000

The move puts the firm ahead of rivals Clifford Chance and A&O Shearman.
2 minute read

Corporate Counsel

In-House Counsel Saw Pay Rise Over Past Year, Despite Drop in Job-Hopping

Legal department attorneys received modest pay increases over the past year after median pay dropped 3% between 2022 and 2023, according to search firm BarkerGilmore's 2024 In-House Counsel Compensation Report.
3 minute read

International Edition

Quinn Emanuel Hikes London NQ Pay to £180K

The raise follows Freshfields' increase earlier this month, with some suggesting it signals a revival of the pay war.
2 minute read

The American Lawyer

The 2024 Second Hundred: An Investment Story

The Second Hundred trailed the Am Law 100 in almost every financial metric, but much of that could be attributed to building for the future.
9 minute read

International Edition

Gender Pay Gap Persists in Australian Law Firms, Survey Reveals

Pay inequality is not just a legacy issue
2 minute read

International Edition

Freshfields Ups NQ Pay To £150K Signalling Potential New Pay War

It is the first elite UK-founded firm to raise its pay to US firm NQ pay levels.
2 minute read

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