A former Cravath, Swaine & Moore employee has been arrested on charges of insider trading, according to federal prosecutors in Brooklyn, New York City.
Latham & Watkins is introducing a new program to reward its associates, setting aside $1 million for those who lead or contribute to artificial intelligence initiatives for the law firm and its clients in 2027.
In newly filed proposed class action lawsuits, plaintiffs are alleging that cyberattacks at Baker McKenzie and Squire Patton Boggs led to exposure of their personal information.
BigLaw attorneys are expecting work to pick up in several areas, including congressional investigations, after Democrats took control of Congress in the Tuesday midterm elections.
DLA Piper is not only matching the $235,000 Milbank salary scale for 2027 but promising extra 50%-of-the-market bonuses to all associates who log at least 100 hours above the law firm’s 2,000-hour billing minimum.
Several leading law firms are looking to take on junior lawyers and trainees from Weil, Gotshal & Manges after its management committee recommended an orderly wind-down of the firm’s global operations.
In a reversal that could reflect the artificial intelligence-fueled technology industry boom, law firm partners in Silicon Valley earned more on average than partners in New York last year, according to a new survey.
Weil, Gotshal & Manges plans to wind down its operations, a staggering collapse for a nearly century-old law firm that was once a New York corporate powerhouse.
First-year attorneys receive an average of $131,313 per year at plaintiffs law firms and might receive a wide range of raises and bonuses, according to the National Plaintiffs’ Law Association’s inaugural salary report.
As more partners exit Weil, Gotshal & Manges, the law firm has hired a team of lawyers from Davis Polk & Wardwell who have experience in restructuring and firm mergers.
Weil, Gotshal & Manges is launching an artificial intelligence-based program for 2027 1L summer associates that will pair law students with the firm’s AI and innovation team, the law firm announced Wednesday.
