Large Firm

Why Cravath has joined ‘two-tier partner wave’

Cravath, Swaine & Moore has “quietly created” a new partnership tier for nonequity partners who are paid salaries and don’t share in the profits, Bloomberg Law reports.

Nov 8, 2023 11:19 AM CST

In ‘a bold move,’ Milbank announces associates will get raises along with bonuses

Milbank announced Tuesday that it is matching last year’s year-end bonuses while also giving annual raises of $10,000 to its associates beginning Jan. 1.

Nov 7, 2023 3:49 PM CST

17% of BigLaw lawyers and employees feel emotionally depleted by work, survey finds

BigLaw associates are at a higher risk of burnout than their colleagues, according to a survey of lawyers and employees at six large U.S. law firms.

Nov 2, 2023 3:07 PM CDT

BigLaw firms ask law school deans to respond to antisemitism in campus protests

Updated: Deans of the nation’s top law schools received a letter on Wednesday signed by 24 major law firms, encouraging them to condemn the anti-Israel protests and harassment flaring up on campuses.

Nov 2, 2023 1:41 PM CDT

After failed merger talks and partner exodus, Stroock plans to dissolve

Updated: Partners at Stroock & Stroock & Lavan have authorized a dissolution of the law firm “at the appropriate time,” according to an internal firm email obtained by Law.com.

Oct 31, 2023 10:06 AM CDT

Full BigLaw associate bonuses may not be for everybody

Large law firms will likely continue to pay annual associate bonuses ranging from $20,000 to $115,000 this year, the going rate since 2021.

Oct 31, 2023 9:26 AM CDT

After end to merger talks, Stroock loses more than half of its partners; is law firm’s viability at risk?

More than 30 partners at Stroock & Stroock & Lavan are joining Hogan Lovells, a number that amounts to more than half of Stroock's partnership.

Oct 30, 2023 9:25 AM CDT

Where are they now? Law student tracks lawyers from disbanded Dewey firm, finds no ‘scarlet letter’

A law student who tracked lawyers from the disbanded law firm Dewey & LeBoeuf found little evidence that the stigma was a “scarlet letter” harming their careers.

Oct 30, 2023 8:19 AM CDT

BigLaw firm’s ‘misrepresentations and passive obstreperousness’ prevented witness testimony, judge says

A federal judge in Virginia has held lawyers at Quinn Emanuel Urquhart & Sullivan in civil contempt while ordering its former client to pay enhanced damages for “abhorrent litigation conduct.”

Oct 24, 2023 2:07 PM CDT

Citing its ‘value system,’ Davis Polk rescinds 3 job offers over groups’ anti-Israel statements

Davis Polk & Wardwell has rescinded job offers to three law students who participated in or had leadership positions in groups that issued statements siding with Hamas in its attack on Israeli citizens.

Oct 18, 2023 9:23 AM CDT

Quinn Emanuel announces special fall bonuses after ‘fabulous year’

Associates at Quinn Emanuel Urquhart & Sullivan will be paid special fall bonuses ranging from $2,120 to $32,908.

Oct 16, 2023 10:22 AM CDT

Partners approve merger that will create A&O Shearman

Partners at Allen & Overy and Shearman & Sterling have voted to approve a merger, the law firms announced Friday.

Oct 13, 2023 11:31 AM CDT

Lawyer said to have BigLaw connection arrested after young children found alone at beach

A Tampa, Florida, lawyer who identified her employer as White & Case has been arrested after she was accused of leaving two children, ages 3 and 7, unattended for at least a half-hour at Upham Beach in St. Pete Beach, Florida.

Oct 12, 2023 1:01 PM CDT

Gordon Rees rebrands, becomes first law firm to add ‘numerical identifier’ to name

Gordon Rees Scully Mansukhani has announced that it is rebranding with a new name that includes a “numerical identifier” intended to emphasize its offices in all 50 states.

Oct 10, 2023 11:39 AM CDT

Second BigLaw firm changes diversity fellowship after changes by first lead to suit dismissal

Updated: Perkins Coie has agreed to expand its diversity fellowship program after it was sued by a conservative group that opposes affirmative action.

Oct 9, 2023 1:12 PM CDT