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Law.com

Lawyers in Water Settlements With 3M and DuPont Want Nearly $1B in Legal Fees

Lead class counsel who reached a nearly $1.2 billion settlement with DuPont and a $10.5 billion deal with 3M are asking for nearly $1 billion in legal fees.
4 minute read

The American Lawyer

At Quinn Emanuel, Special Fall Bonuses Run as High as $32,908

Fall bonuses will be in addition to the year-end bonuses common at many law firms, according to an internal memo distributed Monday.
2 minute read

The American Lawyer

Misaligned Compensation Drivers Are at Odds With Future Law Firm Leaders

Law firms risk missing out on an already-short list of leadership candidates without rewards and incentives that are directly linked to leadership goals.
6 minute read

The Recorder

Judge Awards $180M in Fees After 'Unusually Prolonged and Contentious' Case Against Facebook

On Tuesday, U.S. District Judge Vince Chhabria awarded the full fee request and approved the $725 million settlement with Facebook's Meta Platforms over the Cambridge Analytica scandal.
5 minute read

Law.com

Why Big Law Is Further Tweaking Partner Pay: The Morning Minute

The news and analysis you need to start your day.
4 minute read

Law.com

Big Law Is Further Tweaking Partner Pay

In order to lure over top rainmaking partners from a rival, law firms are taking steps to make sure their pay packages and partner compensations systems are competitive.
7 minute read

The American Lawyer

Pointing to 'Wachtell's Greed,' X Corp. Argues Law Firm Can't Force Arbitration in Fee Lawsuit

Wachtell's "unethical" $70 million success fee justifies equitable relief—triggering a carveout in the firm's arbitration clause—X Corp.'s lawyers stated.
3 minute read

Law.com

Elite Firms Rethinking Comp: The Morning Minute

The news and analysis you need to start your day.
4 minute read

The American Lawyer

Elite Firms Revisit Comp Formulas as Star Talent Has 'Extraordinary Leverage'

As firms move partner pay systems away from favoring seniority toward favoring productivity, cultural challenges ensue.
7 minute read

The American Lawyer

Some Big Law Associates Are Raking In Six-Figure Origination Bonuses—And Others Want In

With no standardized method of rewarding origination outside the partnership at most Big Law firms, associates are hoping for a change that benefits them if they manage to land a new client or two.
4 minute read

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