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Pro Mid Market

How Midsize Firms Can Compete In Wake Of High Payouts For Associates

In response to recent raises to associate base salaries, midsize firms that can't match will reinforce the message that their associates have an accessible and meaningful career path, write Pro Mid Market columnists at recruiting firm The Foster group.
7 minute read

The Legal Intelligencer

Cozen O'Connor Announces First-Year Salary Increases in Phila., New York and Washington

First-year associates in Philadelphia will earn $195,000 while those in New York and Washington, D.C., will get bumped up to $205,000.
2 minute read

The American Lawyer

Partner Comp Systems and Competitive Advantage: Lessons From the Kirkland, Cravath, and Paul Weiss Lateral-Hiring Wars

What makes comp systems so insidious is that they're so hard to change.
12 minute read

Law.com

Where Are Big Law Billing Rates Growing the Fastest?: The Morning Minute

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

Law.com

Your Clients Are Leaving Without Telling You: The Morning Minute

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

The American Lawyer

Should US Law Firms Offer 20% Less Pay for 20% Less Work?

Slaughter and May recently formalized a reduced-hours trial, but American firms have typically reserved such accommodations for people with extenuating circumstances.
9 minute read

Law.com

In Partner Comp, Is Ignorance Bliss?: The Morning Minute

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

The American Lawyer

In Partner Comp, Does Ignorance Equal Bliss? Firms Using the 'Black Box' Hope So

"It is so much easier to keep people happy when they can't see someone is making more than them even though they have more in originations," said Jeffrey Lowe, recounting the message he hears from firms with opaque compensation models.
5 minute read

Daily Report Online

Associates See a Pay Boost at Largest Law Firms, but Few May Match in Atlanta

Both King & Spalding and Alston & Bird are increasing associate pay to the top market scale, but no other Atlanta-based law firm has confirmed the same.
4 minute read

The American Lawyer

Paul Weiss Hides Partner Pay Inside 'Black Box,' as Firm Shells Out for Top Laterals

The adoption of a nontransparent pay system comes as firm leaders seek to reduce internal tensions as the spread of compensation expands.
3 minute read

More from ALM

More from ALM

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

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