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January 26, 2024 | 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
January 26, 2024 | The American Lawyer

Pressure on UK Law Firms as US Competitors Raise NQ Pay Again

As US firms match the Cravath scale, domestic UK firms will fear falling too far behind.
4 minute read
January 25, 2024 | The American Lawyer

Kaloma Cardwell Agrees to Drop Davis Polk Partner as Defendant in Retaliation Suit

Closing arguments in the ongoing retaliation trial, in which Davis Polk, a former managing partner and former M&A practice group leader remain as defendants, are scheduled for Friday.
3 minute read
January 23, 2024 | The American Lawyer

Troutman Pepper, Davis Polk Cases Put Partners' Feedback for Associates Under the Microscope

A recent lawsuit and an ongoing trial highlight the challenges that supervisors face in delivering constructive criticism to underperforming attorneys.
6 minute read
January 23, 2024 | The American Lawyer

Freshfields Hits Cravath Again for Latest New York Partner Addition

Cravath has become a favorite target for Freshfields, which in recent years has turned to the prestigious New York firm for senior corporate hires.
2 minute read
January 22, 2024 | The American Lawyer

Davis Polk Ex-Associate Kaloma Cardwell Recounts His Experience in Retaliation Trial Testimony

Black Affinity Group members "were being very careful about how we were talking about what we had experienced at the firm." Cardwell told the jury Monday.
3 minute read
January 22, 2024 | The American Lawyer

Deal Watch: Big Week in Multiple Verticals in M&A

Skadden and Paul Weiss had multiple big deals in the last few days, as deals from tech, energy and PE power the week. And there were four new IPOs.
8 minute read
January 22, 2024 | The American Lawyer

Davis Polk Lures Another Cravath Partner, Adding M&A Litigator

Rory Leraris is at least the fourth Cravath partner who Davis Polk has hired in the last few years.
2 minute read
January 18, 2024 | The American Lawyer

'Going Down Very Fast': Ex-Davis Polk Managing Partner Recounts Cardwell's Career Path in Retaliation Trial

Thomas Reid, recalling plaintiff Kaloma Cardwell's first set of reviews, said "there were matters being commented on … that if not fixed immediately, could be fatal to his career."
5 minute read
January 17, 2024 | The American Lawyer

Slow Pace of Retaliation Trial Could Lead to 'Impossible Situation', Says Lawyer for Davis Polk

Paul, Weiss, Rifkind, Wharton & Garrison partner Bruce Birenboim, who is representing Davis Polk & Wardwell in a retaliation lawsuit, on Tuesday raised concerns that the plaintiff's use of time could lead to "an impossible situation for the court" and potential appellate issues.
3 minute read

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