Associates

$160,000 for a Few New Associates in CT

A few national law firms are paying top dollar to new associates in Connecticut . The Connecticut Law Tribune says these law firms are paying $160,000 to first-years: – Bingham McCutchen in Hartford. – Kelley, Drye & Warren in Stamford. – Dechert in Hartford. – Brown Rudnick Berlack Israels in…

Oct 5, 2007 1:51 PM CDT

Ex-Associate’s Gay-Bias Suit Partly Tossed

Sullivan & Cromwell has succeeded in narrowing a former associate’s gay-bias lawsuit against the law firm. Manhattan Judge Bernard Fried dismissed two claims by ex-associate Aaron Charney on Friday, the New York Law Journal reports. Fried ruled Charney could not pursue a claim for intentional infliction of emotional distress since…

Oct 2, 2007 12:07 PM CDT

Manhattan Work at Mumbai Prices

Inside India’s hottest legal outsourcing team

Oct 1, 2007 8:43 PM CDT

Such a Deal

Does Perkins Coie have the best time-money solution?

Oct 1, 2007 6:12 PM CDT

Many Lawyers Mismanage Own Money

Many young lawyers don’t want to believe this, as they contemplate seemingly fat salaries after years of student budgets. But their funds are limited. And they don’t necessarily manage their money all that well. “What I’m fighting is houses and cars,” Thomas Haunty, the author of a book for young…

Sep 28, 2007 10:22 PM CDT

Survey Says: Career Satisfaction a Struggle

Lawyers are ruder. Litigation costs more. And many attorneys struggle for career satisfaction. But nonetheless, most lawyers are still proud of their profession. That’s the gist of an American Bar Association survey of 800 attorneys that is discussed in next month’s ABA Journal cover story. One troubling statistic is the…

Sep 28, 2007 3:02 PM CDT

Law Firms Try YouTube: ‘Hostage Videos’

Law firms have discovered YouTube, and reportedly see the social networking site as a potential summer associate recruiting tool. Their goal: to appear young and hip, in order to appeal to those who are. The reality for a number of firms: they’re not quite there yet, reports the International Herald…

Sep 27, 2007 10:57 PM CDT

Associate Perk at Bartlit Beck: Free Vacations

Bartlit Beck Herman Palenchar & Scott wants to keep its associates happy, so it gives them a three-night all-expenses-paid vacation every year. The location? Anywhere in the country, according to a story about cushy Chicago jobs in the Chicago Tribune’s Red Eye. Associates can bring their spouses, stay at fancy…

Sep 24, 2007 7:25 PM CDT

Law School Secret: Bad Job Market

The job market is tough for many recent law grads, who are pointing their fingers at law schools for failing to warn them about their dim prospects. Top pay for new associates at the big law firms is $160,000, but most beginning lawyers make far less at the same time…

Sep 24, 2007 11:04 AM CDT

S&C Senior Associates to Reap Extra Bonus

Sullivan & Cromwell hopes to hold on to senior associates with a plan to pay supplemental bonuses tied to the law firm’s financial performance. One partner told the New York Law Journal that the bonuses will probably range from $15,000 for associates in their fifth year at the firm and…

Sep 20, 2007 10:41 AM CDT

Another Atlanta Firm to Pay $145K

Another Atlanta-based law firm has jumped aboard the associate-salary-increase bandwagon. Kilpatrick Stockton has agreed to raise first-year pay to $145,000 as of Jan. 1, 2008, in accord with the latest wave of salary increases announced by other big Atlanta firms beginning last month, according to the Fulton County Daily Report.…

Sep 14, 2007 9:56 PM CDT

How Associates Can Make It Rain

Become an expert practitioner in a legal specialty. Build relationships with clients. And market yourself. These are the primary pathways that associates travel to become rainmakers who bring in new business rather than simply servicing other lawyers’ clients, reports New York Lawyer (reg. req.) The lengthy article, which is reprinted…

Sep 14, 2007 9:23 PM CDT

Wachtell, Cravath Rated Most Prestigious

Associates rate Wachtell, Lipton, Rosen & Katz as the most prestigious law firm, while partners pick Cravath, Swaine & Moore. The two firms took second-place spots on the other group’s lists, according to prestige rankings by Vault, a career information company. Sullivan & Cromwell was third on both lists. Wachtell…

Sep 14, 2007 12:43 PM CDT

NJ Firms Raise Associate Salaries

While they’re not at the absolute top of the associate salary scale, a number of law firms in New Jersey are nonetheless raising starting pay for first-years significantly. Although some firms are holding the line, others say they are upping the associate ante by as much as 10 to 15…

Sep 10, 2007 10:52 PM CDT

Big Firms Join Attorney Retention Project

At least 23 well-known law firms are opting into a new membership program offered by the Project for Attorney Retention. An initiative of the Center for WorkLife Law at the University of California’s Hastings College of the Law, the project promotes work-life balance and the advancement of women in the…

Sep 6, 2007 6:51 PM CDT