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The American Lawyer

The American Lawyer's Top Stories of 2024

From partnership changes to GenAI, here are some of The American Lawyer's most-read stories of the year.
1 minute read

Daily Report Online

Alston & Bird Matches Market Rate for Associate Bonuses

Alston & Bird is the latest law firm to match the market rate for associate bonuses.
2 minute read

National Law Journal

Arnold & Porter Matches Market Year-End Bonus, Requires Billable Threshold for Special Bonuses

Arnold & Porter said Monday it will give its associates market year-end bonuses, in addition to handing out special bonuses to associates who achieve at least 2,200 hours during the calendar year, 2,000 of which must be billable.
3 minute read

National Law Journal

'So Many Firms' Have Yet to Announce Associate Bonuses, Underlining Big Law's Uneven Approach

Fewer firms are apparently in lockstep with the bonus decisions of the industry elite, and several big firms are delaying their bonus decisions compared with others.
5 minute read

The American Lawyer

Partner Pay Enters a 'Whole Different World'

Rapid changes to partner pay in Big Law will continue. Among nearly 200 firms, more than one-third plan to make changes to their equity partner compensation models over the next two years.
6 minute read

National Law Journal

Topping Big Law, Litigation Firm the Latest to Dole Out Above-Market Bonuses

Selendy Gay said it will give above-market bonuses for each associate class year, topping out at $132,250 for the class of 2017 and beyond, in addition to special bonuses.
3 minute read

The American Lawyer

Boies Schiller Increases Federal Clerkship Bonus to $150K Amid Hiring Uptick

The firm aims to lead the market for federal district and appellate clerks, said chairman-elect Matthew Schwartz.
3 minute read

International Edition

Pay Is No. 1 Reason Associates Stay at Their Firm, Says New Study of Canadian Lawyers

NALP Foundation’s “stay study” also found associates on hybrid schedules were the most engaged and reported the most positive work experiences.
3 minute read

The American Lawyer

Steptoe Offers Associates New Flexible Billable Hour Tracks in Revamped Comp System

Steptoe’s revamped associate compensation model, which takes effect in January, will have three full-time billable hour budget options for associates with coinciding compensation scales.
4 minute read

The American Lawyer

Highest-Earning Partners May Be Looking to Cash In on Early Retirement

With partner pay escalating, some of the highest-paid partners are really looking to call it quits early.
5 minute read

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