Lawyer Pay

Afternoon Briefs: Giuliani, Powell sued by another voting machine company; Cooley ups its bonuses

Voting machine company sues Fox News, lawyers Voting machine company Smartmatic filed a $2.7 billion defamation lawsuit Thursday against Fox News, three of its TV personalities, and lawyers Rudy Giuliani and Sidney Powell. The suit claims that the defendants made Smartmatic the villain in a disinformation campaign claiming that the…

Feb 4, 2021 4:03 PM CST

43% of partners took a pay cut because of COVID-19, new survey finds

Forty-three percent of partners reported taking a pay cut directly related to COVID-19, according to Law360’s inaugural Law Firm Partner Compensation Survey: Partnership and Pay in an Unprecedented Year, released Wednesday.

Feb 3, 2021 11:42 AM CST

BigLaw firm underpaid female partner, allowed male peers to ostracize and obstruct her, lawsuit says

A former nonequity partner at Reed Smith has alleged in a lawsuit that her male colleagues treated her unfairly, and the law firm allowed it to happen.

Jan 20, 2021 3:41 PM CST

Some law firms that took paycheck protection loans banked the money, consultant says

More than 600 law firms received forgivable loans of more than $2 million under the government’s Paycheck Protection Program.

Dec 22, 2020 3:38 PM CST

More law firms are announcing bonuses, and some are giving above-market money to top performers

Law firms are continuing to roll out their bonus announcements with some differentiation emerging. Baker McKenzie kicked off BigLaw bonus season in November, when it announced plans to pay bonuses to its U.S. associates ranging from $15,000 to $100,000.

Dec 22, 2020 1:51 PM CST

Afternoon Briefs: 10 states file antitrust suit against Google; SCOTUS sides with churches

Antitrust suit targets Google as ad middleman Texas and nine other states have filed an antitrust lawsuit against Google that contends that the search engine company suppressed competition in its business as a middleman for sellers and buyers for online ads. The Dec. 16 suit alleges that Google sought to…

Dec 16, 2020 4:38 PM CST

How much do partners make? The average at larger firms tops $1M, survey finds

Partners in the nation’s top 200 law firms earned an average of $1.054 million in 2019, an increase of 10% from 2018, according to a survey released Tuesday.

Dec 16, 2020 3:42 PM CST

Summer associate programs continue to shrink, new NALP survey says

Summer associate class sizes continued to shrink in 2020, mostly because of smaller programs in law firms of more than 700 lawyers, according to a survey released Wednesday by the National Association for Law Placement.

Dec 16, 2020 9:41 AM CST

Afternoon Briefs: Ex-Jones Day lawyers drop class action claims; ‘Grim Reaper’ lawyer fights sanctions bid

Ex-Jones Day associates drop class action claims in bias lawsuit Former female associates suing Jones Day for alleged bias have agreed to drop their class action claims of systemic pay discrimination and disparate impact. The six plaintiffs decided to drop class action claims after they reviewed nationwide compensation and evaluation…

Dec 15, 2020 4:30 PM CST

Afternoon Briefs: Prison contraband hidden in footballs; Kamala Harris’ husband gets teaching job

Sensing technology detects football contraband tossed into prison Footballs and packages tossed into a Mississippi prison yard early Monday morning contained cellphones, marijuana, cigars and barbecue chicken wings. Officials at the South Mississippi Correctional Institution confiscated the contraband. The prison’s sensing technology detected the breach. (The Associated Press) Kamala Harris’…

Dec 11, 2020 4:17 PM CST

Law firms mostly fall in line with associate bonus scale; Boies Schiller offers 2 options

Most of the larger law firms that announced year-end associate bonuses this week fell in line with the prevailing bonus scale. Typically, law firms are paying bonuses ranging from $15,000 to $100,000, based on class year. Many are adding special bonuses.

Dec 11, 2020 1:30 PM CST

Afternoon Briefs: Suits accuse Facebook of ‘buy or bury’ approach; House bill makes PACER records free

State and FTC lawsuits accuse Facebook of stifling competition Facebook is accused of stifling competition in two lawsuits filed Wednesday. One suit was filed by the Federal Trade Commission, and the other was filed by attorneys general for 46 states, the District of Columbia and Guam. “Facebook targets competitors with…

Dec 9, 2020 3:50 PM CST

Afternoon Briefs: Top state court rejects election appeal; judge allows lawyer’s bias suit against bank

Wisconsin turns down direct appeal in election lawsuit The Wisconsin Supreme Court ruled Thursday that the Trump campaign could not challenge election results in that court without first taking the case to a trial judge. The suit seeks to invalidate more than 200,000 votes. (Bloomberg Law, the New York Times)…

Dec 4, 2020 4:23 PM CST

Which law firms announced bonuses this week?

The law firm bonus scale set by Baker McKenzie this year is gaining acceptance as more law firms announced bonuses this week. Larger firms are paying year-end bonuses ranging from $15,000 to $100,000, and many are adding special bonuses.

Dec 4, 2020 11:51 AM CST

Law school debt is delaying plans for recent grads

Some new attorneys delay buying a home or a new car. Others reluctantly postpone marriage and having children while altering the career plans they had going into law school. These are among the personal and professional sacrifices young lawyers often make due to their sizable student loan debt.

Dec 1, 2020 12:00 AM CST