1313 ABA Journal Lawyer Pay articles.
Law firms will soon be paying signing bonuses of up to $250,000 to entice former Supreme Court clerks to join their practices. The bonus is in addition to initial salaries…
Jun 18, 2007 6:37 PM CDT
Jenner & Block will shift between 15 and 20 equity partners to nonequity status this year.
The National Law Journal reports that some of the partners will leave the firm and others will move toward retirement.
Some recruiters predict more firms will follow suit in an effort to boost partner profits.
Jun 11, 2007 1:05 PM CDT
Pillsbury Winthrop Shaw Pittman is seeking to recover some of the money paid to a dozen partners in 2006 before they left the firm.
Certified letters mailed to partners who left in 2006 sought amounts that ranged from $10,000 to $90,000, American Lawyer reports.
The partners received $15,000 a month in a draw against future profits, and the firm contends the amount paid exceeded the profits earned. The firm wants the partners to return the difference.
Jun 8, 2007 3:18 PM CDT
Several Boston law firms will pay new associates $160,000, matching starting pay at big firms in New York, Chicago and Los Angeles.
The National Law Journal…
Jun 8, 2007 1:54 PM CDT
Bingham McCutchen is paying buyouts to several associates at its San Francisco office,reportedly in response to a slowdown in commercial litigation.
Four associates left the firm and three others transferred…
Jun 6, 2007 12:32 PM CDT
Georgia’s governor transferred more than $800,000 into the state budget for district attorneys’ offices this morning, avoiding furloughs of about 400 state-paid prosecutors.
Gov. Sonny Perdue took action after Georgia…
Jun 1, 2007 9:18 PM CDT
The pay gap is widening for partners in American Lawyer’s top 100 and second 100 law firms.
Average pay for all partners rose 10.7 percent in top 100 firms and…
Jun 1, 2007 7:50 PM CDT
Some law firms are providing special fringe benefits in an effort to boost recruiting and keep their attorneys happy.
The National Law Journal found firms providing…
May 30, 2007 1:39 PM CDT
More California firms have announced they will pay new associates $160,000 a year.
The latest firms to indicate they will reach that pay level are Pillsbury Winthrop Shaw Pittman; Munger,…
May 29, 2007 12:26 PM CDT
David Drummond, Google’s chief legal officer, earned a salary of $250,000 in 2006, according to the company’s proxy statement filed yesterday with the SEC.
But that’s just the start…
Apr 5, 2007 2:00 PM CDT
Associates tell us they’d take a pay cut to work less. Smart deal or impossible dream?
Feb 21, 2007 8:41 AM CST
Knowing How Merit-Based Bonuses Work Can Help Guarantee a Hassle-Free Payday
May 23, 2006 6:45 AM CDT
Bling-Bling Signing Bonuses Help Relieve Some of the Financial Sting of Clerking
Feb 21, 2006 1:29 PM CST
Tax Laws Contain Incentives to Put Money Away for Retirement and College, but Some May Disappear After 2010
Nov 29, 2005 8:24 AM CST
Top Billers’ Tactics Include Trolling for Work, Calling Clients While Commuting
Feb 25, 2005 11:36 AM CST