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The Legal Intelligencer

Culture Key to Remaining Competitive for Talent at Midsize Firms

"Less and less people are concerned with upward mobility as they were in years past," said Philadelphia-area recruiter Brian Levinson. "We live in a now moment, and they're worried about the now."
4 minute read

The American Lawyer

Lewis Brisbois Threatens Legal Action to Claw Back 'Overdistribution' to Former Partners

The firm allegedly failed to meet recent years' revenue targets on which it based prior draws.
6 minute read

National Law Journal

Amid Growing Battle for Talent, 3 DC and Virginia Firms Increased Their Equity Partner Pay Spreads

Six other Am Law 200 firms across Washington, D.C., Maryland and Virginia either kept these spreads at the same level between 2022 and 2023 or decreased the spread.
4 minute read

New Jersey Law Journal

'Hang Up Your Spurs': Longtime Fox Rothschild Partner Claims Age Discrimination in NJ Lawsuit

Former equity partner and corporate department chair Michael Kline says he was forced into an income partner role at the firm in 2018 on hitting age 73.
5 minute read

The American Lawyer

Milbank's Top Securitization Lawyer to Join Kirkland & Ellis

Michael Urschel joined Milbank last April as part of a 10-lawyer group from King & Spalding.
2 minute read

The American Lawyer

Once 'Unheard Of,' $20M Partner Pay Becomes Standard to Meet at Davis Polk, Simpson Thacher

"The market is the reality and you have to live in that reality. You can't have your head in the sand," said industry expert Peter Zeughauser.
5 minute read

The American Lawyer

Top Partner Pay at Simpson Thacher to Breach $20M

The New York firm joins several elite peers in stretching the spread in equity partner compensation, as competition for top earners intensifies.
4 minute read

The American Lawyer

Weil Revises Partner Pay Criteria, as Firm Plots Leadership Succession

Barry Wolf has led the firm since 2009 and will hit the firm's mandatory retirement age of 68 within the next four years.
6 minute read

The American Lawyer

The 2024 Am Law 100: Ranked by Average Compensation - All Partners

Average Compensation–All Partners increased by 6.2% in 2023. Seventy-two firms posted increases, compared with 41 the previous year. Twenty firms posted double-digit gains, while five firms posted double-digit losses.
2 minute read

The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Equity Partner

For the Am Law 100 as a whole, average PEP was up by 9.3% in 2023. Thirty-seven firms had growth rates of at least 10%, compared to 14 last year. Twenty firms had declines in 2023.
2 minute read

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