Associates

Cravath mostly matches Baker McKenzie bonuses; what about the class of 2015?

Updated: Cravath, Swaine & Moore is paying year-end associate bonuses on a scale that mostly matches that of Baker McKenzie.

Nov 30, 2022 10:32 AM CST

Boies Schiller deems its higher bonuses ‘extraordinary’ and ‘extra-extraordinary;’ top amount is $165K

Boies Schiller Flexner is matching associate bonuses announced Nov. 21 by Baker McKenzie in just one respect.

Nov 29, 2022 3:31 PM CST

Some law firms tie in-person work to bonuses and job retention amid demand slowdown

Some law firms are getting tough with demands for in-person work, observers have told Law.com.

Nov 22, 2022 9:53 AM CST

Ex-lawyer sentenced for Molotov cocktail toss; she’s ‘a remarkable person who did a terrible thing,’ judge says

A disbarred tenants lawyer was sentenced Friday to 15 months in prison for tossing a Molotov cocktail into an unoccupied police car during May 2020 racial justice demonstrations in New York.

Nov 21, 2022 3:46 PM CST

Baker McKenzie announces year-end bonuses of up to $115K; it’s ‘nothing but crickets’ for 2022 special bonuses

Baker McKenzie is apparently the first law firm to kick off BigLaw’s bonus season. Baker McKenzie’s year-end bonuses range from $20,000 for the class of 2021 to $115,000 for the class of 2015 and over.

Nov 21, 2022 12:34 PM CST

What most worries law firm business leaders? Cyberattacks, economy and associate pay, new report says

The possibility of cyberattacks is cited most often as a high concern for law firm business leaders, followed by risks caused by high associate salaries and general economic pressures, according to a report released Thursday.

Nov 18, 2022 9:21 AM CST

Some corporate associates lose their jobs at Cooley after performance reviews

Cooley has confirmed that some associates have been let go as a result of midyear performance reviews.

Nov 9, 2022 10:23 AM CST

New York City asks junior attorneys to temporarily serve in understaffed agencies

Understaffed New York City legal departments will borrow junior attorneys from eight large law firms for a year, according to a new initiative announced by Mayor Eric Adams on Wednesday.

Nov 4, 2022 9:11 AM CDT

Fired female associate at Kirkland alleges biased treatment by ‘discriminatory cadre’ in IP group

Male associates in the intellectual property litigation group at Kirkland & Ellis were allegedly treated better and paid more money than a fired female colleague, even though they did similar work and had similar experience, according to a lawsuit filed Wednesday.

Oct 13, 2022 1:12 PM CDT

Summer associates praise their ‘lifestyle firms,’ even as some midlevels describe them as ‘veritable sweatshops’

Summer associates liked their law firm experience this year, as they insisted that their workplaces were different—in a good way.

Sep 29, 2022 2:59 PM CDT

Are pushed-back start dates for associates making a comeback? One law firm confirms deferrals

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian has deferred start dates for new associates, a development that prompted Above the Law to wonder whether a trend is in the offing.

Sep 29, 2022 11:37 AM CDT

Picture is ‘generally bullish’ for midsize law firms, new report says

Growth in demand for legal services is greater, on average, for midsize law firms than for the nation’s 100 top-grossing firms, according to a new report by the Thomson Reuters Institute.

Sep 27, 2022 8:42 AM CDT

Former BigLaw associate is accused of lying about time spent on document review project

A former Dentons associate is accused in an ethics complaint of falsely claiming that he spent 277 hours to review 425 documents for a client responding to a discovery request.

Sep 26, 2022 9:17 AM CDT

Weekly Briefs: ABA supports marriage equality law; Stanford offers new model for legal ed loans

ABA president calls on Senate to support Respect for Marriage Act ABA President Deborah Enix-Ross is calling on members of the U.S. Senate to vote for the Respect for Marriage Act, which the U.S. House of Representatives passed with significant bipartisan support in July. In a letter sent to senators…

Sep 16, 2022 3:03 PM CDT

Some law firms are ‘pulling back the throttle’ on hiring as expenses rise and deal work slows

Associates are confronting a new reality as law firms slow hiring in response to higher costs, rate pressures and a decline in demand, especially in mergers and acquisitions. “The demand for associates no longer exceeds supply,” says one recruiter.

Sep 8, 2022 10:05 AM CDT