The managing partner of Simmons & Simmons has chastised associates for not billing enough, sending a firm-wide email to point out that competitors are recording an extra 500 hours of billings per associate per annum.…
DLA Piper has a significant PR problem on its hands, after leaked emails showed associates joking about the size of legal fees. “THAT bill shall know no limits,” wrote one DLA…
McDermott Will & Emery is traditionally one of the very last major law firms to announce associate bonuses, and the firm has just gotten around to the matter of bonuses for…
US law firm Winston & Strawn has reported revenue growth of just 0.1 percent to $755 million in 2012, while profits per partner increased by 3.5 percent to $1.49 million. These…
Shearman & Sterling has promoted 23 associates to counsel worldwide, across 11 offices and 12 practice areas. In Asia the firm promoted two in Singapore - capital markets…
Associates at Arnold & Porter are upset over the 2012 bonus payouts, reporting that the class of 2010 payout is below the market standard for 2000 (Arnold & Porter pays…
Roll On Friday reports that Baker & McKenzie has increased its billing targets for associates by 100 hours in 2013, from 1,600 hours to 1,700 hours. RollOnFriday did some…
Sidley Austin has promoted 26 associates to the partnership across nine offices. “Our 2013 class of new partners is made up of an exceptional group of lawyers who have…
Boies Schiller & Flexner has announced the award of year-end bonuses that peak at a staggering $250,000. The bonus scale at Boies is way above the industry standard,…
In 2012 the Australian legal services market saw some big changes, with numerous international mergers. One effect of these moves is that prospects for promotion to partnership have shrunk for many associates. The…
UK firm Clifford Chance is set to match the bonus scale set by Cravath Swaine & Moore, with plans to pay the bonus to associates…
Sullivan & Cromwell has announced year-end bonuses matching the scale offered by industry standard-setter Cravath, Swaine &…
Cravath set a relatively high standard for associate bonuses this week, awarding fifth year associates a $34,000 bonus. Weil Gotshal followed…
Cravath, Swaine & Moore is seen as the benchmark for the grant of bonuses to law firm associates, with other firms either matching Cravath’s figures... or not. This…
Dallas-based litigation firm Bickel & Brewer has bumped up its starting salaries to $185,000 - an increase of $10,000 over the firm’s current first-year associate base salary…