ABA Journal

Lawyer Pay

1263 ABA Journal Lawyer Pay articles.

McDermott Partners to Be Rewarded for Teamwork

Partners at McDermott Will & Emery will get fatter paychecks next spring if they share and refer clients to those in other practice areas of the law firm.

Pay for…

Assoc. Math Problem: Same Bonus, But Different Amount

A “credit crisis” over associate bonuses reportedly is brewing at a recently merged megafirm, because the two have differing formulas about how they should be calculated.

Associates who joined the…

Older Winston & Strawn Partner Settles Pay Suit

A 74-year-old partner at Winston & Strawn has settled his lawsuit that claimed the law firm violated an agreement to exempt him from a firm policy that reduced partner pay…

Nutter McClennen No. 1 in Summer Associates Survey

Summer associates participating in an American Lawyer survey gave the best grades to law firms that emphasized training and mentoring and offered exciting work.

Despite the emphasis on personal attention,…

Two More U.K. Law Firms Pay Special Bonuses Up to $50K

Two more Magic Circle law firms have announced they will be matching their New York competitors by paying big special bonuses to their Big Apple associates.

Freshfields Bruckhaus Deringer and…

Reed Smith to U.K. Attys: Play By Rules for ‘Partner’ Pay

Eyebrows apparently are being raised among the U.K. nonequity partners of Pittsburgh-based Reed Smith over the U.S. firm’s compensation methodology.

Reed Smith introduced salaried partners at its British merger match,…

Survey Says Income Gap Grows in ‘Overwhelmingly Male’ BigLaw

A survey by the National Association of Women Lawyers paints a gloomy picture of the legal profession, as far as the advancement of female attorneys at the country’s 200 largest…

Should Law Firm Leaders Get CEO Pay?

At a time when major law firms are increasingly like the big corporations that they represent as clients, there’s still one noteworthy difference between the two: The individuals in charge…

Hollywood Outsourcing Higher-End Legal Work to India

Even with the millions that a successful movie can make, Hollywood producers are watching their legal costs. So, instead of having high-priced U.S. law firms handle all of their entertainment…

‘Attorney at Blah’: JD Earns Extra $20/Hour in Doc Review

CORRECTED: The job is similar, but the pay is different: temp work, in something akin to document review, without a law degree, is dull, thankless work that earns $10 an…

CA Firm Offers Lawyers Cushy Perks

A California law firm is offering its 80 lawyers free breakfasts, on-site massages and manicures, health club memberships and errand runs.

Lawyer Stuart Liner came up with the idea after…

UK Law Firm Announces Special NY Associate Bonuses

A Britain-based law firm has joined the bonus bonanza.

Clifford Chance will give its New York associates special bonuses ranging from $10,000 to $50,000, Legal Week reports.…

Apple Gives New GC $25M in Stock

Apple has granted its new general counsel Daniel Cooperman 133,000 shares of restricted stock valued at about $25 million.

Cooperman was general counsel of Oracle before Nov 6, 2007 3:16 PM CST

Experts: Share-the-Spoils Model Better Than ‘Eat What You Kill’

Although an eat-what-you-kill approach to law practice has gained popularity in recent years, a share-the-spoils model is the better pathway to follow for future law firm success, experts say.

Otherwise,…

Wal-Mart Refuses Law Firm Fee Hikes, Cites High Associate Salaries

Wal-Mart has issued a memo to its law firms announcing a “moratorium on across-the-board rate increases.”

The memo says the retailer will consider only “reasonable, individual requests for rate increases…

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