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Corporate Counsel

HPE Legal Chief's Pay Shot Up in 2023

The business software company rewarded John Schultz for continuing to "transform HPE's information technology systems to improve stability, resilience, and performance."
2 minute read

Connecticut Law Tribune

McCarter & English Punitive Damages Question to Be Argued Before State High Court

State and federal trial courts have split on whether punitive damages are available for contract claims outside of the insurance context, according to a recent ruling from U.S. District Judge Michael Shea of the District of Connecticut.
6 minute read

International Edition

The Future of Partner Compensation: How Profit-Sharing Systems Shape the Firm's Culture and Success

The likes of Paul Weiss and Linklaters have to decide on a remuneration system that reflects their culture and strategic objectives.
5 minute read

National Law Journal

Arnold & Porter Sees Revenue and Profits Jump, With PEP Rising 15% to $1.6M

The environment for counsel on government-facing issues was "quite strong" last year, driving demand across the firm's litigation, transaction and regulatory practices, said chairman Richard Alexander.
3 minute read

Texas Lawyer

Bad News for Lawyers Who Represent Homeowners Against Insurers

George B. Murr of Murr Law said in his post-oral argument brief the Safeco's counsel's argument bars the insured's causes of action, but that is not how jurisprudence in Texas works.
4 minute read

New York Law Journal

Study: Civil Legal Services Lawyers Make as Much as 45% Less Than Public-Sector Counterparts

The decades-old IOLA fund pays for low-income state residents' civil legal services, and the coalition said the account is a critical source of infrastructure that will be used to increase salaries. But Gov. Kathy Hochul's proposal could upset that plan, they said.
4 minute read

Daily Business Review

Where Miami Ranks in States Litigators Charge Highest Attorney Fee Rates

"These new lawyers are integrating their N.Y. rates into the market and increasing the rates, but I don't think that the rates charged for local work are increasing at the same pace," attorney fees expert Edward Mullins, a partner at Reed Smith, said about Miami's high rates.
3 minute read

International Edition

Linklaters Begins Consulting On Cessation Payments

The step follows changes the firm made to its lockstep system in 2021.
2 minute read

International Edition

Pressure on UK Law Firms as US Competitors Raise NQ Pay Again

As US firms match the Cravath scale, domestic UK firms will fear falling too far behind.
4 minute read

Law.com

In Partner Pay, Law Firms Are Under Pressure to Strike Right Balance

In the race to increase profits and attract the best talent, law firms are now caught in a conundrum in adjusting partner compensation.
6 minute read

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