Law firm news by topic » Associates
UK firm Shakespeares has asked associates to bill an extra £100,000 a year, offering a £5,000 bonus for those that pull for the team The firm has made a number of redundancies and pay cuts recently, responding to
Kasowitz Benson has made around 30 redundancies. Most of the layoffs came from the associate ranks, but the group includes partners, counsel and staff as well. The firm
WilmerHale has awarded its end of year bonuses for 2013, with associates awarded differing amounts based on the firm’s merit-based compensation system. The firm awards bonuses
The National Association for Law Placement has released new figures showing that there is an increasing percentage of women in partnerships at large US law firms, but that representation of women is falling at the
Irell & Manella has released details of its associate bonuses, awarding sums at the top of the scale among US law firms. Irell & Manella generallyElite California law firm
Boies, Schiller & Flexner will be richly rewarded for the year’s work, with the firm announcing that it will pay bonuses of up toThe 133 associates at US firm
A new survey by the American Lawyer reports that mid-level associates are thrilled to be lawyers. The survey of 5,683 lawyers at 134 US law firms shows that third- fourth- and fifth-year associates are the happiest
The billing rates for US partners increased by 3.1 percent to $536 in 2012, compared to a 4 percent increase in 2011. Similarly, average associate rates increased 7.4 percent to $370 in 2012, down from 8.5 percent growth
Weil Gotshal & Manges is making a mass redundancy, laying off 60 associates and 110 staffers. The firm also plans to reduce the compensation of about 10 percent of its partners (roughly 30 out of 300, with some income
The National Law Journal’s annual survey of the biggest US law firms shows a small amount of growth over the past year. The survey, which looks at data from the 350 largest law firms in the US, recorded overall growth
Dickstein Shapiro has reportedly laid off associates this month, with the majority of New York associatesThe news of layoffs throughout the global legal industry continues.
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