A slightly lower number of partner promotions this year by Kirkland & Ellis is in keeping with the trend; new-partner class sizes in BigLaw have decreased an average of 4% this year, based on partnership announcements so far.
Updated: By Thursday morning, more than 30 law firms had matched Milbank’s year-end bonuses and announced special bonuses on par with Milbank’s summer bonuses, according to bonus announcements obtained by Above the Law.
Updated: Associates at several BigLaw firms will be getting year-end and special bonuses that total $21,000 to $140,000, the amount being paid by Milbank.
As we reflect on our journeys through the legal profession, one theme emerges: the power of mentorship, particularly female mentorship. The power of female mentorship cannot be overstated.
Half of surveyed male lawyers in larger law firms report that work has a positive effect on their mental health, but only 35% of female lawyers feel the same.
Only 52% of surveyed lawyers are satisfied with their total compensation, but the percentage increases with pay transparency, according to a law firm compensation survey by Law360 Pulse.
“Not long ago, the partners at a law firm told me of an embarrassingly disastrous trial. … They wanted to know whether I knew of ways to prevent this type of problem. The answer is a qualified yes: While there are no panaceas, certain protocols can minimize the risks of suboptimal research. Here are the three crucial points.”
A federal judge has ruled that two former associates at Jones Day can go to trial on seven claims against the law firm, including allegations that its family-leave policy discriminates against male attorneys.
A former law student has no standing to sue over King & Spalding’s summer associate diversity fellowship because she never applied for the position, the law firm has said in a Sept. 19 motion to dismiss.
A federal judge in California last week refused to toss an amended gender-bias and retaliation lawsuit filed against Kirkland & Ellis by a fired associate, saying “it is past time to proceed to the merits.”
BigLaw’s midlevel associates have spoken. The top law firm for midlevel associate satisfaction is O’Melveny & Myers, according to results from the American Lawyer’s 2024 Midlevel Associates Survey published by Law.com.
