Lawyer Pay

Afternoon Briefs: Trump pardons Michael Flynn; lawyer suspended for cyberattack knowledge

Trump pardons former national security adviser Flynn President Donald Trump announced Wednesday that he has pardoned former national security adviser Michael Flynn, who pleaded guilty to lying to the FBI in the Russia probe and then sought to withdraw the plea. The Department of Justice moved to drop the case,…

Nov 25, 2020 4:00 PM CST

Cravath announces two bonuses of up to $140K and Paul Weiss follows

A BigLaw firm known for setting the market rate for associate bonuses announced Monday that it will pay two bonuses this year. Cravath, Swaine & Moore will match last year’s scale for year-end bonuses.

Nov 24, 2020 10:25 AM CST

After getting attorney feedback, Goldberg Segalla revamps installment-payment bonus program

Goldberg Segalla has said it has made “significant changes” to a planned bonus program that required bonuses to be paid in installments and docked associates for billable hour credit when clients didn’t pay up.

Nov 23, 2020 8:52 AM CST

Some law firms are tweaking partner compensation models because of COVID-19

The COVID-19 pandemic may push law firms that were already reevaluating their partner compensation systems to go forward with changes.

Nov 19, 2020 2:27 PM CST

Afternoon Briefs: Bankruptcy judge OKs opioid deal; judge bans immigration arrests at some courts

Bankruptcy judge approves opioid deal U.S. Bankruptcy Judge Robert Drain in New York has approved a settlement between the government and Purdue Pharma, a maker of OxyContin, to resolve federal criminal and civil investigations. The company is accused of defrauding federal health agencies and violating anti-kickback laws. The deal calls…

Nov 18, 2020 4:17 PM CST

Afternoon Briefs: Jeffrey Toobin fired over Zoom exposure; lawyer alleges rape by cop in Breonna Taylor case

Jeffrey Toobin is fired after Zoom incident The New Yorker has fired legal journalist Jeffrey Toobin after he reportedly exposed himself on a Zoom call last month. Toobin has said he thought he was off camera, and he “made an embarrassingly stupid mistake.” Toobin is also taking some time off…

Nov 12, 2020 3:24 PM CST

Afternoon Briefs: Lawyer sentenced in veterans charity thefts; lawyer accused in romance scams

Lawyer gets prison time for stealing from veterans charity Former Connecticut lawyer Kevin Creed was sentenced Monday to 3½ years in prison for stealing about $1.4 million from a veterans charity that he founded. Creed, 69, of Litchfield, Connecticut, had faced as many as 20 years in prison after his…

Nov 11, 2020 4:46 PM CST

Baker McKenzie kicks off BigLaw bonus season; how much will its associates receive?

Baker McKenzie is the first law firm to announce 2020 bonuses this year. The firms plans to pay its U.S. associates bonuses that match last year’s bonus scale. The amounts could increase, however.

Nov 11, 2020 10:50 AM CST

Afternoon Briefs: Judge requires report disclaimer; $2.1B baby powder verdict allowed to stand

Judge requires disclaimer in cop commission report U.S. District Judge John Bates of the District of Columbia has said President Donald Trump’s national commission on policing can’t release a report unless it carries a disclaimer saying the group didn’t comply with federal requirements for advisory committees. The disclaimer must say…

Nov 4, 2020 3:28 PM CST

It’s ‘absurd and flat-out wrong’ to suggest late pay raises were from cash-flow issues, Boies Schiller says

Boies Schiller Flexner is flatly denying a suggestion that cash-flow problems could be the reason why some associate pay raises were delayed.

Nov 3, 2020 12:16 PM CST

Katten Muchin lays off some lawyers and business professionals

Katten Muchin Rosenman is laying off “a limited number” of lawyers and some furloughed business professionals.

Nov 3, 2020 11:18 AM CST

Afternoon Briefs: Latham will pay fall bonuses; Reagan shooter may display artwork, judge rules

Latham will pay fall bonuses, donate $1M to fight hunger Latham & Watkins has announced that it will pay fall bonuses ranging from $7,500 to $40,000—the market scale for law firms that are paying the special bonuses. The firm also plans to donate $1 million to fight hunger and to…

Oct 29, 2020 4:15 PM CDT

BigLaw firm lays off 43 business staffers

Hogan Lovells has laid off 43 members of its business services staff in the United States and Mexico.

Oct 26, 2020 9:27 AM CDT

Afternoon Briefs: Lawyers favor Biden in individual donations; cities sue over ‘anarchist’ label

Lawyers favor Biden campaign in individual donations Presidential campaign donations by individual lawyers heavily favor Joe Biden, according to a Reuters analysis. Individual lawyers gave $29 million to Biden’s campaign and just under $1.75 million to the re-election campaign of President Donald Trump. The Biden predilection includes lawyers at Jones…

Oct 23, 2020 4:15 PM CDT

Afternoon Briefs: 1 murder count tossed in George Floyd case; DOJ lawyer turned away from courthouse

Judge tosses one murder charge against officer in George Floyd death A Minnesota judge on Thursday tossed one of the charges against former Minneapolis police officer Derek Chauvin in the death of George Floyd. Judge Peter Cahill of Hennepin County dismissed a third-degree murder charge but allowed charges of second-degree…

Oct 22, 2020 4:59 PM CDT