Cravath to Pay Special Associate Bonuses Up to $50K

Cravath, Swaine & Moore will pay associates special bonuses that range from $10,000 to $50,000, depending on their years with the law firm.

On top of that, associates will get…

Oct 30, 2007 11:42 AM CDT

Top Students Hold Law Firm Trump Cards

Some Stanford students who compiled diversity rankings for big law firms want their report to have an impact.

The students, who are members of a group called Building a Better…

Oct 29, 2007 12:09 PM CDT

Sullivan Settles Associate’s Gay Bias Suit

Sullivan & Cromwell has agreed to settle a gay bias lawsuit filed by New York associate Aaron Charney.

Details of the settlement were confidential, the Oct 26, 2007 10:40 AM CDT

Are Lower Billables Start of a Trend?

Some midsize law firms are cutting billable hour requirements, perhaps ushering in change at other law firms, the National Law Journal concludes.

“Such a strategy is…

Oct 23, 2007 12:45 PM CDT

Recruiter Predicts 5.4% Leap in Lawyer Starting Pay

Average starting pay for lawyers is projected to rise 5.4 percent next year, according to a legal recruiting agency.

First-year associates at large law firms with 75 or more lawyers…

Oct 22, 2007 3:03 PM CDT

A Roadmap for Associate Survival

The managing partner of Womble Carlyle’s Washington, D.C., office has some advice for associates, and it’s not “bill, bill, bill.”

Pamela Rothenberg recalls that was the advice she got as…

Oct 18, 2007 1:09 PM CDT

Diversity Expert: Change Legal Hiring System

It’s obvious that the current law firm system of hiring and training attorneys isn’t doing a very good job of providing opportunities for minorities. So the obvious answer is to…

Oct 17, 2007 6:48 PM CDT

Chicago Firm Creates 2 Tiers of Associates

Law firms with two tiers of partners are commonplace. So it was perhaps foreseeable that some would respond to ever-increasing starting salaries for attorneys by creating two tiers of associates.

Oct 16, 2007 7:20 PM CDT

TX Firm Cuts Billable Requirements

A Dallas-based law firm is cutting billable-hour requirements to give new associates more time for training.

Strasburger & Price says associates need only work 1,600 hours the first year at…

Oct 9, 2007 12:24 PM CDT

CA Associates Look to Bonuses as Pay Holds Firm

Some California associates are hoping that New York law firms will raise annual starting pay to $200,000, leading to another round of salary wars.

But many observers say a cooling…

Oct 8, 2007 12:54 PM CDT

$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…

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…

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…

Sep 28, 2007 10:22 PM CDT