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ABA Journal
2 months ago
Law

Clark Hill was 'duped by an obvious scam,' costing its client $1.1M, suit alleges

Clark Hill fell victim to a sophisticated email scam, transferring $1.1M to wrong account, emphasizing the importance of verifying financial requests. [ more ]
Above the Law
3 months ago
Law

This Biglaw Firm's Baby Boom Among New Partners Is No Coincidence

Vinson & Elkins focuses on whole person development for lawyers.
Six out of seven new partners at V&E have newborns, emphasizing work-life balance. [ more ]
#layoffs
Above the Law
4 months ago
Law

World's Wealthiest Law Firm Conducts Layoffs Due To Market Conditions

Kirkland & Ellis, the highest-grossing law firm, conducted layoffs in Asia due to market conditions.
Firm attributed layoffs to team size, not performance, and praised remaining capital markets team in Asia. [ more ]
Above the Law
5 months ago
Law

Layoffs LITERALLY Decimate Am Law 100 Firm

The term 'decimate' technically means a 10 percent reduction, often referring to a Roman military punishment where one-tenth of the soldiers would be executed.
Fenwick & West, a law firm, is laying off approximately 10 percent of its professionals amidst an assessment of current and future demand. [ more ]
Above the Law
4 months ago
Law

World's Wealthiest Law Firm Conducts Layoffs Due To Market Conditions

Kirkland & Ellis, the highest-grossing law firm, conducted layoffs in Asia due to market conditions.
Firm attributed layoffs to team size, not performance, and praised remaining capital markets team in Asia. [ more ]
Above the Law
5 months ago
Law

Layoffs LITERALLY Decimate Am Law 100 Firm

The term 'decimate' technically means a 10 percent reduction, often referring to a Roman military punishment where one-tenth of the soldiers would be executed.
Fenwick & West, a law firm, is laying off approximately 10 percent of its professionals amidst an assessment of current and future demand. [ more ]
morelayoffs
#partnership
Above the Law
4 months ago
Law

A&O Shearman Names Its First Global Leadership Team

Khalid Garousha appointed as senior partner of A&O Shearman
A&O Shearman's new senior leadership team highlighted [ more ]
Above the Law
5 months ago
Law

Is Cravath At A Crossroads?

Partners leaving Cravath is a new phenomenon
Leadership will determine if the changes at Cravath are successful [ more ]
Above the Law
4 months ago
Law

A&O Shearman Names Its First Global Leadership Team

Khalid Garousha appointed as senior partner of A&O Shearman
A&O Shearman's new senior leadership team highlighted [ more ]
Above the Law
5 months ago
Law

Is Cravath At A Crossroads?

Partners leaving Cravath is a new phenomenon
Leadership will determine if the changes at Cravath are successful [ more ]
morepartnership
Above the Law
4 months ago
Law

Lawyers Spend Way Too Much Time Dealing With Expenses

Entering expenses can be a tedious and soul-crushing task for lawyers.
Tracking expenses is financially crucial for law firms; every unreimbursed dollar impacts the firm's budget. [ more ]
#legal-industry
Above the Law
4 months ago
Law

Selendy Gay Spin-Off Firm Opens Its Doors, With More Partners From The Elite Boutique In Tow

David Elsberg left Selendy Gay Elsberg to start Elsberg Baker & Maruri with former Quinn Emanuel colleagues.
Elsberg Baker & Maruri anticipates handling five trials and arbitrations this year, with plans to bring on 14 associates and implement a seven-year promotion track. [ more ]
Irish Independent
2 weeks ago
Law

Garda continue to probe solicitor now faced with being struck off

Ongoing investigation into suspended solicitor Declan O'Callaghan and his former law firm after misconduct finding. [ more ]
Above the Law
4 months ago
Law

Selendy Gay Spin-Off Firm Opens Its Doors, With More Partners From The Elite Boutique In Tow

David Elsberg left Selendy Gay Elsberg to start Elsberg Baker & Maruri with former Quinn Emanuel colleagues.
Elsberg Baker & Maruri anticipates handling five trials and arbitrations this year, with plans to bring on 14 associates and implement a seven-year promotion track. [ more ]
Irish Independent
2 weeks ago
Law

Garda continue to probe solicitor now faced with being struck off

Ongoing investigation into suspended solicitor Declan O'Callaghan and his former law firm after misconduct finding. [ more ]
morelegal-industry
Above the Law
5 months ago
Law

Morning Docket: 02.16.24

Cleaning staff member fired for eating leftover conference room food.
Trump's legal team is already making friends with the next judge. [ more ]
#compensation
Above the Law
5 months ago
Law

Biglaw Firm Raises Salaries - Still Lags Behind Competition On Compensation

Seyfarth Shaw is giving associates a $20,000 raise, but it still lags behind the pay scale set by other firms.
The firm has consistently fallen behind in compensation and is facing associate dissatisfaction, with many looking to lateral elsewhere. [ more ]
Above the Law
5 months ago
Law

Top Biglaw Firm Announces Big-Time Raises, Bonuses For Associates

WilmerHale has chosen to use the Cravath scale for its compensation increases for associates.
The firm is also matching the Cravath bonus scale for year-end bonuses. [ more ]
Above the Law
7 months ago
Law

Biglaw Firm Increases Associate Salaries, Goes Over The Top On Bonuses For Highest Billers

Sheppard Mullin, a top law firm, will be matching the compensation grid set by Cravath, including base salaries and year-end bonuses.
Associates at Sheppard Mullin who go above and beyond billing hours will receive bonus bucks based on their performance. [ more ]
abovethelaw.com
7 months ago
Law

Top 20 Biglaw Firm Delights With Associate Raises

Simpson Thacher, a top law firm, has raised associate salaries in response to the new market standard on compensation.
The new compensation grid for Simpson Thacher includes higher annual salaries and bonuses for associates based on their class year. [ more ]
Above the Law
5 months ago
Law

Biglaw Firm Raises Salaries - Still Lags Behind Competition On Compensation

Seyfarth Shaw is giving associates a $20,000 raise, but it still lags behind the pay scale set by other firms.
The firm has consistently fallen behind in compensation and is facing associate dissatisfaction, with many looking to lateral elsewhere. [ more ]
Above the Law
5 months ago
Law

Top Biglaw Firm Announces Big-Time Raises, Bonuses For Associates

WilmerHale has chosen to use the Cravath scale for its compensation increases for associates.
The firm is also matching the Cravath bonus scale for year-end bonuses. [ more ]
Above the Law
7 months ago
Law

Biglaw Firm Increases Associate Salaries, Goes Over The Top On Bonuses For Highest Billers

Sheppard Mullin, a top law firm, will be matching the compensation grid set by Cravath, including base salaries and year-end bonuses.
Associates at Sheppard Mullin who go above and beyond billing hours will receive bonus bucks based on their performance. [ more ]
abovethelaw.com
7 months ago
Law

Top 20 Biglaw Firm Delights With Associate Raises

Simpson Thacher, a top law firm, has raised associate salaries in response to the new market standard on compensation.
The new compensation grid for Simpson Thacher includes higher annual salaries and bonuses for associates based on their class year. [ more ]
morecompensation
Above the Law
5 months ago
Law

Remembering The First All-Black Law Firm

The first all-Black law firm in the U.S. was created in 1868.
The law firm was opened in a onetime Confederacy state. [ more ]
Above the Law
5 months ago
Law

Am Law 100 Firm Names Younger Partner As Chair Elect To Lead Alongside Non-Lawyer CEO

Husch Blackwell has named a new chair elect who is significantly younger than the average Big Law leader.
The firm plans to have a non-lawyer business professional as its CEO, making her the only one to lead an Am Law 100 firm. [ more ]
Above the Law
5 months ago
Marketing

How To Be A Good Legal Content Marketing Client

A legal content marketing professional should be a skilled writer and editor with in-depth knowledge of editing rules.
Hiring a content marketing professional who understands and embraces your core values is important. [ more ]
#expansion
Above the Law
6 months ago
Law

Biglaw Firm Launches Takeover Of Successful Litigation Boutique To Open New Texas Outpost

Steptoe has announced the opening of an office in Houston, Texas through its merger with boutique trial firm Smyser Kaplan & Veselka.
Steptoe managed to acquire SKV's office lease and all of its attorneys. [ more ]
Axios
6 months ago
US politics

Scoop: Bill Barr's law firm is adding former Trump White House lawyers Pat Cipollone and others

The Torridon Group, founded by William Barr and Ted Ullyot, is adding new lawyers including Pat Cipollone, Pat Philbin, and Kate Todd.
The firm will open a Washington office and can handle various legal matters including litigation, regulatory proceedings, investigations, crisis management, and counseling. [ more ]
Above the Law
6 months ago
Law

Biglaw Firm Launches Takeover Of Successful Litigation Boutique To Open New Texas Outpost

Steptoe has announced the opening of an office in Houston, Texas through its merger with boutique trial firm Smyser Kaplan & Veselka.
Steptoe managed to acquire SKV's office lease and all of its attorneys. [ more ]
Axios
6 months ago
US politics

Scoop: Bill Barr's law firm is adding former Trump White House lawyers Pat Cipollone and others

The Torridon Group, founded by William Barr and Ted Ullyot, is adding new lawyers including Pat Cipollone, Pat Philbin, and Kate Todd.
The firm will open a Washington office and can handle various legal matters including litigation, regulatory proceedings, investigations, crisis management, and counseling. [ more ]
moreexpansion
TechCrunch
6 months ago
Privacy professionals

Law firm that handles data breaches was hit by data breach | TechCrunch

Law firm Orrick, Herrington & Sutcliffe experienced a cyberattack that exposed sensitive health information of over 637k data breach victims.
The stolen data includes personal information, health data, online account credentials, and data from other companies that Orrick served as legal counsel during security incidents. [ more ]
Above the Law
6 months ago
Law

Ex-Biglaw Partner Suspended From Practicing Law Over Side Solo Gig

A former Biglaw partner has been suspended from practicing law in New York for running his own side gig and underreporting the money he made from it.
The partner secretly performed legal work for non-firm clients and personally billed firm clients for work he did on the side, earning over $360,000 from his side practice. [ more ]
#bonus
Above the Law
6 months ago
Law

Am Law 100 Firm Offers Cravath-Scale Salaries - But Only To Its Junior Associates

Lowenstein Sandler, an Am Law 100 firm, has announced associate salary increases following the Cravath scale for junior associates.
Midlevel and senior associates will receive performance and market-driven salaries based on individual compensation levels. [ more ]
Above the Law
6 months ago
Law

Top 20 Biglaw Firm Shows Associates Some Holiday Cheer With Raises

King & Spalding has increased associate salaries to align with the Cravath scale, effective January 1.
Bonuses will also be offered based on billable hours exceeding the firm's minimum target. [ more ]
Above the Law
6 months ago
Law

No. 2 Biglaw Firm In America Announces New Salary Scale For Associates

Latham & Watkins will be using the Cravath scale for its salary increases, offering higher salaries for its most senior associates.
The salary increases will only apply to associates in specific locations, but the firm is considering adopting the scale in other offices. [ more ]
Above the Law
6 months ago
Law

Am Law 100 Firm Offers Cravath-Scale Salaries - But Only To Its Junior Associates

Lowenstein Sandler, an Am Law 100 firm, has announced associate salary increases following the Cravath scale for junior associates.
Midlevel and senior associates will receive performance and market-driven salaries based on individual compensation levels. [ more ]
Above the Law
6 months ago
Law

Top 20 Biglaw Firm Shows Associates Some Holiday Cheer With Raises

King & Spalding has increased associate salaries to align with the Cravath scale, effective January 1.
Bonuses will also be offered based on billable hours exceeding the firm's minimum target. [ more ]
Above the Law
6 months ago
Law

No. 2 Biglaw Firm In America Announces New Salary Scale For Associates

Latham & Watkins will be using the Cravath scale for its salary increases, offering higher salaries for its most senior associates.
The salary increases will only apply to associates in specific locations, but the firm is considering adopting the scale in other offices. [ more ]
morebonus
#bonu
Above the Law
6 months ago
Law

Late Holiday Parties Are Better Than No Holiday Parties

Law firms are hosting more holiday parties in 2023 than in previous years
Some firms are choosing to host holiday parties in January instead of December [ more ]
Above the Law
7 months ago
Law

Quinn Emanuel Is Out With Its Detailed Bonus Matrix

Quinn Emanuel is offering special bonuses to its associates during bonus week.
Associates need to bill between 2100-2399 hours to be at the same level as their peers in other firms. [ more ]
Above the Law
6 months ago
Law

Late Holiday Parties Are Better Than No Holiday Parties

Law firms are hosting more holiday parties in 2023 than in previous years
Some firms are choosing to host holiday parties in January instead of December [ more ]
Above the Law
7 months ago
Law

Quinn Emanuel Is Out With Its Detailed Bonus Matrix

Quinn Emanuel is offering special bonuses to its associates during bonus week.
Associates need to bill between 2100-2399 hours to be at the same level as their peers in other firms. [ more ]
morebonu
Above the Law
6 months ago
Law

Biglaw Firms Need To Get Real When Weighing Their Merger Options

Law firms need to be more realistic when searching for potential merger partners
Firms should weigh their options and pick the ones that will produce the most value [ more ]
Above the Law
6 months ago
Law

Biglaw Firm To Offer Reduced Work Schedule - With Reduced Pay, Of Course

Slaughter and May, a major law firm, has introduced a pilot program called 'Switch On/Off' that allows attorneys to reduce their hours for reduced compensation.
After a successful trial period, Slaughter and May has decided to make the program a permanent offering, allowing attorneys to have a better work-life balance. [ more ]
Above the Law
6 months ago
Law

In-House Counsel: Tell Us About Your Go-To Law Firms

Annual compilation of top law firms for 2024
Collecting data from in-house attorneys to rank outside counsel [ more ]
Above the Law
6 months ago
Law

How 160 Legal Tech Decision-Makers Are Combating Cybersecurity Threats

Cyber breaches can have significant costs for law firms in terms of reputation, data, and monetary losses.
Clients are likely to leave law firms that do not prioritize cybersecurity. [ more ]
Above the Law
6 months ago
Law

Morning Docket: 12.29.23

Law firms lost in 2023
Maine using Fourteenth Amendment to bar Trump
DOJ threatening to sue Texas over new border law
Employers desperate for immigrant work options
Trial over NRA finances moving forward [ more ]
Above the Law
7 months ago
Law

Money Train Pulling Into Top 50 Biglaw Firm

Foley & Lardner joins other firms in raising associate compensation
The firm pays second-year associates more than the industry average [ more ]
#bonuses
Above the Law
7 months ago
Law

Elite Litigation Firm Is Handing Out Bundles Of Money!

Law firm Susman Godfrey is giving raises and bonuses to all of its employees, including non-attorneys.
The firm is providing special bonuses on top of its annual traditional bonuses to every single one of its 270 employees. [ more ]
Above the Law
7 months ago
Law

Biglaw Firm Matches Raises And Year-End Bonuses, Comes Over The Top With Special Bonuses

Cahill Gordon & Reindel is offering special bonuses to associates in addition to market raises and year-end bonuses.
The firm has a history of beating the market by offering extra bonuses and is continuing the tradition with the new raises. [ more ]
Above the Law
7 months ago
Law

Elite Litigation Firm Is Handing Out Bundles Of Money!

Law firm Susman Godfrey is giving raises and bonuses to all of its employees, including non-attorneys.
The firm is providing special bonuses on top of its annual traditional bonuses to every single one of its 270 employees. [ more ]
Above the Law
7 months ago
Law

Biglaw Firm Matches Raises And Year-End Bonuses, Comes Over The Top With Special Bonuses

Cahill Gordon & Reindel is offering special bonuses to associates in addition to market raises and year-end bonuses.
The firm has a history of beating the market by offering extra bonuses and is continuing the tradition with the new raises. [ more ]
morebonuses
#law firm
Above the Law
7 months ago
Law

Top 50 Biglaw Firm Announces New Compensation Scheme, With Extra Cash For The Highest Billers

Arnold & Porter has confirmed its compensation increases for associates using the Cravath scale
Associates at the firm will see salary increases ranging from $225,000 to $435,000 [ more ]
The Washington Times
7 months ago
Left-wing politics

China's payments to Hunter Biden raised red flags with bank during the Obama years

Bank investigators flagged $3 million in payments from a Chinese company to Hunter Biden's law firm as "erratic" and "unusual".
House lawmakers believe some of the questionable funds ended up in President Biden's bank account.
Hunter Biden's attorney demanded a public hearing for the president's son, accusing the panel of targeting him for political purposes. [ more ]
Above the Law
7 months ago
Law

Biglaw Firm's Co-Founder, A Legend Of The Investing World, Passes Away

Charlie Munger, co-founder of Munger Tolles & Olson, has passed away at the age of 99.
Munger Tolles & Olson grew from 7 attorneys to about 200 attorneys across three offices.
Charlie Munger was a business titan and played a key role in the success of the firm. [ more ]
Above the Law
7 months ago
Law

How To Get Fired From A Law Firm FAST!

A law firm employee unintentionally attacked their employer's sensitive subject.
The employee was fired from the firm, which was seen as a positive move. [ more ]
IPWatchdog.com | Patents & Intellectual Property Law
7 months ago
Law

Patent Litigation Firm is Seeking an Experienced Patent Litigator - IPWatchdog.com | Patents & Intellectual Property Law

A Texas-based patent enforcement firm is hiring an experienced patent litigator.
The firm selectively accepts a small number of patent enforcement cases.
The ideal candidate should have experience managing patent enforcement cases. [ more ]
Above the Law
7 months ago
Law

Top 50 Biglaw Firm Announces New Compensation Scheme, With Extra Cash For The Highest Billers

Arnold & Porter has confirmed its compensation increases for associates using the Cravath scale
Associates at the firm will see salary increases ranging from $225,000 to $435,000 [ more ]
The Washington Times
7 months ago
Left-wing politics

China's payments to Hunter Biden raised red flags with bank during the Obama years

Bank investigators flagged $3 million in payments from a Chinese company to Hunter Biden's law firm as "erratic" and "unusual".
House lawmakers believe some of the questionable funds ended up in President Biden's bank account.
Hunter Biden's attorney demanded a public hearing for the president's son, accusing the panel of targeting him for political purposes. [ more ]
Above the Law
7 months ago
Law

Biglaw Firm's Co-Founder, A Legend Of The Investing World, Passes Away

Charlie Munger, co-founder of Munger Tolles & Olson, has passed away at the age of 99.
Munger Tolles & Olson grew from 7 attorneys to about 200 attorneys across three offices.
Charlie Munger was a business titan and played a key role in the success of the firm. [ more ]
Above the Law
7 months ago
Law

How To Get Fired From A Law Firm FAST!

A law firm employee unintentionally attacked their employer's sensitive subject.
The employee was fired from the firm, which was seen as a positive move. [ more ]
IPWatchdog.com | Patents & Intellectual Property Law
7 months ago
Law

Patent Litigation Firm is Seeking an Experienced Patent Litigator - IPWatchdog.com | Patents & Intellectual Property Law

A Texas-based patent enforcement firm is hiring an experienced patent litigator.
The firm selectively accepts a small number of patent enforcement cases.
The ideal candidate should have experience managing patent enforcement cases. [ more ]
morelaw firm
Above the Law
8 months ago
Law

Wachtell's New Co-Chairs Likely To Stay The Course With Their Leadership Style

Wachtell has a unique position in terms of partner retention
The firm's new leadership is expected to continue the traditional approach [ more ]
Above the Law
8 months ago
Law

Am Law 200 Firm To Merge With IP Boutique As Part Of 'Aggressive' Growth Model

Law firm Buchanan Ingersoll & Rooney is merging with IP boutique RatnerPrestia.
22 attorneys and two patent agents from RatnerPrestia will join Buchanan's IP department.
Buchanan's chairman sees the merger as part of the firm's aggressive growth plans. [ more ]
Above the Law
8 months ago
Law

The Insufferable Nonsense Biglaw Is Spouting Over Milbank's Raises

Milbank raised associate salaries by $10K
Anonymous critics argue the raise is tone deaf and puts pressure on associates [ more ]
abovethelaw.com
1 week ago
Deliverability

Top 100 Biglaw Firm Announces Layoffs For Operations Staff And Attorneys

Summer layoffs can happen even in prestigious law firms like Faegre Drinker, impacting various roles and effective from February 9th. [ more ]
Irish Independent
2 weeks ago
Law

Gardai continue to probe solicitor now faced with being struck off

A Garda investigation into suspended solicitor Declan O'Callaghan and his former law firm in Roscommon remains open after nearly six years. [ more ]
www.standard.co.uk
2 weeks ago
New York City

Top law firm Mishcon de Reya used to buy 15million Knightsbridge home in 'McMafia' case

Mishcon de Reya facilitated the purchase of a £15 million London home as proceeds of crime, revealing a lack of due diligence in client checks. [ more ]
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