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Texas Lawyer

Texas Trial Boutique Matches Milbank Bonuses, Paying Up to $140K

Vartabedian Hester & Haynes, a spinoff of Alston & Bird that launched in Fort Worth in January, announced a year-end bonus scale that will pay associates $21,000 to $140,000, matching Milbank's recently announced year-end scale along with the firm's summer bonus scale.
3 minute read

The American Lawyer

Partner Pay Transparency Is Eroding, Even if 'Black Box' Systems Haven't Caught On

Some firms now make partner pay data less accessible. Opening up pay data can lead to "a lot of partner dissatisfaction and angst," one consultant said.
6 minute read

National Law Journal

From Guaranteed Comp to Ethics Screens, How Big Law Navigates the Revolving Door

"When firms do a profitability projection, they factor in the hands-off period for the person's prior agency for a period of time," noted a legal recruiter.
7 minute read

National Law Journal

The Big Law Firms and Lawyers Leading Election Legal Battles

The Republican National Committee has turned to firms such as Jones Day and Dhillon Law Group, while the Democratic National Committee has retained several Am Law 50 firms for legal services.
7 minute read

The Legal Intelligencer

'These Things Tend to Go in Cycles': Avg. Partner Comp Hits $1M in Phila.

The figure grew by $260,000 over the previous year, according to a new Major, Lindsey & Africa survey.
4 minute read

The American Lawyer

'We Have That Equal Responsibility': One Am Law 50 Firm's Approach to Lateral Integration

"This is a 50/50 proposition. We're not the 'show me' firm, where we bring in the lateral and say, 'Show me your book and how you'll help us,'" said K&L Gates global strategic growth partner Craig Budner.
6 minute read

The American Lawyer

The Practices With the Highest Jumps in Partner Pay

"It's definitely a good time to be a law firm partner," said Major, Lindsey & Africa's Louis Ramos, referring to a survey showing partners are relatively happy with their pay.
4 minute read

The American Lawyer

Average Partner Pay 'Surges' in Both Equity and Nonequity Tiers

The average origination amount for a partner also shot up last year, amid a general trend of partners maintaining bigger books of business.
5 minute read

Corporate Counsel

'Utterly Bewildering': GCs Struggle to Grasp Scattershot Nature of Law Firm Rate Hikes

"It's a complicated, highly fragmented industry with tens of thousands of people making different decisions every day," said Jason Winmill, legal department consultant.
5 minute read

The American Lawyer

About to Become a Partner? Here's What to Know About Your Newfound Wealth

With wealth comes complexity. There is no shortage of stories of otherwise successful attorneys who have squandered this wealth.
10 minute read

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