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Susman Godfrey Smashes Market Bonus Scale, Paying Senior Associates More Than Triple
Finishing up a year when revenue will set a record, Susman Godfrey will pay 'special' bonuses to every employee at the trial firm.
Despite Expense 'Dent' From Pay Raises, Law Firms Expect to See Rebound in Transactional Practices
Firms can anticipate a rebound in transactional practices heading into 2024. "As such, we expect 2024 to be a better year than we saw in 2023," said Citi and Hilderbrandt Consulting in a new report.
Full Circle: Milbank Matches Latest Associate Pay Scale
Milbank's mid and senior associates are getting another pay raise.
Trial Firms Starting to Match or Exceed Big Law Salary, Bonus Scales for Associates
Litigation boutiques and other small firms compete for the same top law students as Big Law, so they are likely to move to the new, higher market salary and bonus scales for associates.
Kirkland, Quinn, Davis Polk, Wachtell and Sidley Line Up to Match Cravath Salary Scale
Quinn Emanuel, which is matching the latest base salary scale and bonuses, is expecting profits to increase more than 20% this year.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Paul Weiss, Dechert, Hogan, Proskauer and Baker McKenzie Match Cravath Salary Scale
Paul Weiss and Baker McKenzie also said they will pay "discretionary" or "premium" bonuses for high-performers.
Cravath Exceeds Milbank Salary Scale for Senior Associates
Paul Hastings and McDermott said they will match the Cravath scale.
Deal Watch: This M&A Partner Just Had Two Big Deals on Same Day
Karessa Cain led Wachtell teams for eBay and Jacobs Solutions for deals announced on same day.
The 2023 American Lawyer Litigators of the Year
Our grand prize winner of Litigation of the Year is named along with other winners, all of whom stood out for highly impactful work across motion practice, trial prowess and/or appellate acumen.
Wachtell Seeks Balance Between 'Continuity and Change'
The Wall Street firm may keep its same approach in firm operations for as long as possible, whether it's the firm's lockstep compensation system, partnership structure or practice-area focus.TRENDING STORIES
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