It took three weeks of waiting after Milbank announced bonuses and raises for associates. But now, Cravath, Swaine & Moore has stepped into the BigLaw breach with its announcement.
Law firm revenue increased 4.6% through the third quarter of the year, thanks to a hike in billing rates, according to a survey of more that 120 firms by Wells Fargo’s Legal Specialty Group.
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.
Law firms eased up on hiring first-year associates in the third quarter to curtail expense growth, according to a new Thomson Reuters report published Monday.
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.
A fired associate at Wilmer Cutler Pickering Hale and Dorr has filed a pro se lawsuit alleging that the law firm discriminated against him because of his Cameroonian origin and defamed him in two evaluations.
Davis Polk & Wardwell has rescinded job offers to three law students who participated in or had leadership positions in groups that issued statements siding with Hamas in its attack on Israeli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.
Labor rights icon Dolores Huerta has simple but sage advice for attorneys: Get engaged in your community. “We need more attorneys to get involved in civic life and be out there with the rest of us, doing the work that we need to get people elected and to change the laws, do the advocacy that we need.”
Winston & Strawn has rescinded a New York University School of Law student’s job offer after learning about anti-Israel comments that the student made in an online newsletter Monday.
One in four BigLaw associates plan to leave their law firms within the year, according to a new report released by recruiting firm Major, Lindsey & Africa on Tuesday.
Updated: A drug dealer has been sentenced to 30 years in prison for delivering cocaine laced with fentanyl to a BigLaw associate and two other New York City professionals, resulting in their deaths.
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