Updated: The New York lawyer whose multiple employment sparked a statewide pension probe has been ordered to repay nearly $84,000 in benefits. Meanwhile, another New York lawyer has been told…
In a struggling economy, reduced levels of legal work and rising costs tempt law firm partners to cut associates. But the money they save by doing so now may result…
Fasten your seat belts. A difficult economy has cut partner profits and associate attrition, while increasing expenses for major U.S. law firms, creating “a dramatically different economic environment from the…
At a trial beginning this week, an associate is airing a claim that her Garden City, N.Y., law firm discriminated against her by cutting her pay while she was pregnant.
Midlevel associates are most satisfied with their compensation at Wachtell, Lipton, Rosen & Katz, which paid huge bonuses last winter ranging from $175,000 to $215,000. That compares to median New…
Worried about a projected decrease in income at major law firms that one expert says could go down by 15 percent from last year, as well as slow payments from…
Large New York law firms froze pay for midlevel associates this year, while big firms in several other cities matched New York paychecks by giving their midlevels raises of about…
Joining a small but growing number of well-known law firms that are abandoning a traditional attorney compensation system, Howrey says it is eliminating lockstep pay for its associates.
The salaries of Massachusetts district attorneys are set at nearly $149,000 a year by the state legislature, but the salaries of their underlings vary.
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