Lawyer Pay
1296 ABA Journal Lawyer Pay articles.
A U.S. bankruptcy trustee is objecting to the hiring of a Hogan Lovells partner who would charge nearly $2,500 per hour to handle appeals in the Chapter 11 case of a Johnson & Johnson subsidiary.
May 25, 2022 8:31 AM CDT
Law firm profitability decreased in the first quarter of the year, as direct expenses increased 13.1% and overhead increased 9.9% from the same period last year, according to the Thomson Reuters Law Firm Financial Index.
May 11, 2022 8:39 AM CDT
Panel attorneys who represent children and indigent adults in New York family and criminal courts haven’t had a fee hike in almost two decades.
May 3, 2022 8:43 AM CDT
Compensation may be the proximate cause that entices associates to leave their law firms, but “the root cause may run deeper,” according to a report released Thursday.
Apr 21, 2022 2:51 PM CDT
A surge in law firm profits may be spurring some law firm partners to consider retirement. Some partners at large law firms are earning eight figures. At one BigLaw firm, some partners earned $20 million last year.
Mar 31, 2022 9:21 AM CDT
For nearly a week and a half, Davis Polk & Wardwell set the scale for associate pay when
it announced that it was paying $215,000 to $396,500 to associates.
Mar 7, 2022 10:41 AM CST
Updated: All eyes were on Cravath, Swaine & Moore after Davis Polk & Wardwell announced associate raises last week that set a new, higher standard.
Mar 1, 2022 9:21 AM CST
Updated: Davis Polk & Wardwell has finally announced its new associate pay scale, and it is more generous than the standard set by Milbank last month, at least for more experienced associates.
Feb 22, 2022 3:34 PM CST
Nike can recover about $260,000 out of about $856,000 in legal fees paid to Boies Schiller Flexner for helping New York federal prosecutors bring charges against
lawyer Michael Avenatti, a federal judge has ruled.
Feb 16, 2022 3:02 PM CST
Milbank’s pay hikes for associates have yet to gain widespread acceptance in BigLaw.
Feb 14, 2022 8:43 AM CST
Several BigLaw firms have matched Milbank’s new higher pay scale for associates, but there could be some that are unable to keep up, according to legal consultants who spoke with Reuters.
Jan 26, 2022 9:55 AM CST
Editor’s Note: Looking for These 2 judges are considered front-runners to replace Breyer; who else is getting mentioned? We apologize for the newsletter link snafu.
Updated: Milbank announced Thursday…
Jan 20, 2022 11:33 AM CST
Being a lawyer is a better job than being a speech-language pathologist but not quite as good as being a statistician.
Jan 12, 2022 1:08 PM CST
Law firms “are spending huge amounts of money and putting their profits at increasing risk” as they battle to hold on to their associates, according to a report released Tuesday.
Jan 11, 2022 11:49 AM CST
Some boutique law firms are matching or even surpassing BigLaw’s year-end associate bonus scale of up to $115,000 for the most senior associates.
Dec 14, 2021 9:48 AM CST
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