NEXT
Sign in to follow

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

New York Law Journal

The Newest Law Firm Partner: Private Equity

Howard Rosenberg, partner and head of talent intelligence & acquisitions at Baretz+Brunelle, explores whether "talent finance" is the new litigation finance, where outside funding could come into a law firm by way of the talent pipeline as opposed to litigation.
9 minute read

Law.com

The Growing Tension—And Opportunity—in Big Law Nonequity Tiers

Large law firms continue expanding their nonequity tiers each year, as firm management exerts tighter control over who receives firm profits.
6 minute read

The American Lawyer

Partner Compensation Is Changing. Is Your Top Talent Now Underpaid?

Firms must reassess compensation spread to ensure it covers performance of all partners, especially at the top. But this is easier said than done.
4 minute read

The American Lawyer

Below-Market Associates Believe They Deserve the Market Compensation. Are They Right?

Midlevel associates say below-market compensation may cause them to leave, especially when billable hours match expectations at better-paying competitors.
5 minute read

The American Lawyer

Associate Bonuses Build 'Morale,' but Does Management Have More Leverage Now?

"I'd be delighted if other firms wanted us to pay more than anyone else, but I don't suspect that will be the case," said Milbank's chair.
6 minute read

TRENDING STORIES

Law Pro Logo

Featured Firms

Law Offices of Gary Martin Hays & Associates, P.C.

(470) 294-1674

Law Offices of Mark E. Salomone

(857) 444-6468

Smith & Hassler

(713) 739-1250

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • Leveraging Technology to Improve Employee Engagement and Client Satisfaction

    Brought to you by CARET Legal

    Download Now

  • How to Choose Your Legal Operations Software: Key Considerations and Expert Tips

    Brought to you by DiliTrust

    Download Now

  • Yearly Roundup: Strategic Insights for Law Firm Decision Making

    Brought to you by CARET Legal

    Download Now

  • Lex Machina Contracts: Commercial Litigation Report 2024

    Brought to you by LexisNexis®

    Download Now