Associates

‘Golden Handcuffs’ Chain Attys to Desks

If they could afford to, they’d leave the legal profession. That’s what one in five law firm partners and nearly one in three associates surveyed by a British legal publication recently said. Flush with profits from a booming market in mergers and acquisitions, some of London’s biggest and most highly…

Jul 2, 2007 9:08 PM CDT

Who Needs Harvard?

Grads from lower-ranked law schools can get to the big firms, too

Jul 1, 2007 11:56 PM CDT

Howrey’s ‘Bold Move’: Merit Pay

Associates at Howrey will get raises based on performance rather than seniority. The 630-lawyer firm says it will eliminate its lockstep compensation system beginning next year, the Recorder reports. The result is that some associates will achieve partner more quickly, and others more slowly, according to Henry Bunsow, managing partner…

Jun 29, 2007 12:31 PM CDT

Firm Tops in N.Y. Associate Satisfaction

Patterson Belknap Webb has earned seventh place on American Lawyer’s A-List for associate satisfaction, the highest of any New York law firm. At the same time, the firm scored 199 out of 200 points on pro bono. Every lawyer has volunteered for pro bono or public service work since 2004,…

Jun 28, 2007 12:43 PM CDT

Two-Tier Associate Pay at Thelen

Only the biggest-billing associates will make $160,000 a year at one California law firm. Thelen Reid Brown Raysman & Steiner will pay that amount to new associates who bill at least 2,000 hours a year, and $145,000 to those who work less, according to the Recorder. “We wanted a compensation…

Jun 25, 2007 12:28 PM CDT

Boston Firms Hike Associate Pay

Several Boston law firms will pay new associates $160,000, matching starting pay at big firms in New York, Chicago and Los Angeles. The National Law Journal lists about a dozen firms that have announced the pay hike for Boston associates. Among them is Foley Hoag. Tom Block, the firm’s chief…

Jun 8, 2007 1:54 PM CDT

Diversity Still Elusive Goal for Law Firms

Once excluded from many careers in the legal profession, members of racial minority groups are now welcome to practice at law firms in Wisconsin, and throughout the nation. But they still represent only a tiny fraction of those practicing at major firms, and more still needs to be done to…

Jun 6, 2007 9:03 PM CDT

Bingham Offers Associate Buyouts

Bingham McCutchen is paying buyouts to several associates at its San Francisco office,reportedly in response to a slowdown in commercial litigation. Four associates left the firm and three others transferred to part-time, contract attorney status, the Recorder reports. The move comes as the Boston-based firm raised associate pay to $160,000…

Jun 6, 2007 12:32 PM CDT

More Calif. Firms to Pay Associates $160,000

More California firms have announced they will pay new associates $160,000 a year. The latest firms to indicate they will reach that pay level are Pillsbury Winthrop Shaw Pittman; Munger, Tolles & Olson; and Manatt, Phelps & Phillips, according to the Recorder. Shartsis Friese is beating that, raising first-year salaries…

May 29, 2007 12:26 PM CDT

‘Golden Handcuffs’ Chain Attys to Desks

Who Needs Harvard?

Howrey’s ‘Bold Move’: Merit Pay

Firm Tops in N.Y. Associate Satisfaction

Two-Tier Associate Pay at Thelen

Boston Firms Hike Associate Pay

Diversity Still Elusive Goal for Law Firms

Bingham Offers Associate Buyouts

More Calif. Firms to Pay Associates $160,000

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