ABA Journal

Large Firm

2500 ABA Journal Large Firm articles.

Baker McKenzie announces year-end bonuses of up to $115K; it’s ‘nothing but crickets’ for 2022 special bonuses

Baker McKenzie is apparently the first law firm to kick off BigLaw’s bonus season. Baker McKenzie’s year-end bonuses range from $20,000 for the class of 2021 to $115,000 for the class of 2015 and over.

Weekly Briefs: 2 suits against Trump are tossed; lawyers jump to BigLaw from virtual firm

Trump wins dismissal of suits by niece, former lawyer

Former President Donald Trump won dismissals Monday of lawsuits filed against him by his niece Mary Trump and his

What most worries law firm business leaders? Cyberattacks, economy and associate pay, new report says

The possibility of cyberattacks is cited most often as a high concern for law firm business leaders, followed by risks caused by high associate salaries and general economic pressures, according to a report released Thursday.

BigLaw is too woke, former solicitor general Clement tells Federalist Society

BigLaw is too woke, according to a former U.S. solicitor general who left Kirkland & Ellis in a dispute over representation of gun clients.

Weekly Briefs: Biden can’t grant student-debt relief, judge says; $32.3M malpractice award left in place

Judge strikes down student-debt relief

U.S. District Judge Mark Pittman of Fort Worth, Texas, ruled Thursday that the Biden administration’s plan to forgive some federal student-loan debt was an unconstitutional…

Slowdown signals ‘rocky road ahead’ for large law firms, but midsize firms make gains, Thomson Reuters report says

Law firm profitability slowed in the third quarter of 2022, according to new data released Monday, as large firms faced rising expenses driven by higher wages and overhead costs.

This BigLaw firm charges more for copying than competitors, bankruptcy filings show

Kirkland & Ellis charges clients more for in-house copying services that do other BigLaw firms, according to a review of bankruptcy filings.

Meet Alex Spiro, a lawyer ‘in constant motion’ who is helping Elon Musk change Twitter

Alex Spiro—a lawyer with a celebrity client list—has become one of Tesla CEO and Twitter owner Elon Musk’s “closest lieutenants, confidants and consiglieres,” according to a profile.

New York City asks junior attorneys to temporarily serve in understaffed agencies

Understaffed New York City legal departments will borrow junior attorneys from eight large law firms for a year, according to a new initiative announced by Mayor Eric Adams on Wednesday.

These law firms are shunning Kanye West; one says end to representation wasn’t a firing

Updated: Several law firms are dropping, shunning or no longer representing rapper Kanye West, now known as Ye, following his antisemitic remarks. Ye caused a stir when he tweeted that he wants to go “death con 3 on Jewish people.”

Ex-EEOC lawyer is making ‘highly questionable’ assertion about abortion travel benefits, Littler Mendelson says

The former general counsel of the Equal Employment Opportunity Commission is “misleading and intimidating” employers who provide travel benefits for women traveling to obtain abortions, according to a letter by Littler Mendelson’s Workplace Policy Institute, the law firm’s government affairs arm.

Cravath expects everyone to be in office Tuesdays and Wednesdays

Cravath, Swaine & Moore is expecting everyone to be in the office Tuesdays and Wednesdays, according to a memo obtained by Above the Law.

BigLaw taps into underserved high schools for next generation of diverse lawyers

The legal profession is predominantly white, and it has long struggled with diversity. But in recent years, large law firms have sharpened their focus on hiring and retaining more diverse lawyers. Part of the effort has been on expanding the so-called pipeline, so there is a deeper pool of diverse talent at the recruiting stage.

Pay gap between male and female partners narrows to 34%; what is their average compensation?

The average male law firm partner earns 34% more than the average female partner, which is less of a differential than in prior years, according to a survey by recruiting firm Major, Lindsey & Africa in association with Law360.

Fired K&L Gates partner found guilty of cyberstalking former colleagues

A fired K&L Gates partner was convicted Monday on three counts of cyberstalking for sending thousands of harassing emails to three colleagues.

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