Public defenders and prosecutors are among about 250 government attorneys who went on strike Monday in California’s Sacramento County following two years without a contract.
Duane Morris reduces business expenses and tax obligations for equity partners by shifting some of the burdens to lawyers who carry the partner title but have no equity or power in the law firm, according to a lawsuit filed Wednesday.
Law firms are typically paying $20,000 to $40,000 in referral bonuses to employees who refer associates to their firms for placement, according to one recruiting partner. But some firms are exceeding that figure.
Litigators in this city outpaced all other litigators on billing rates in 2023, according to a recent survey from the National Association of Legal Fee Analysis.
Sullivan & Cromwell has sought about $200 million as debtor’s counsel in the bankruptcy of cryptocurrency exchange FTX based on more than 168,000 hours clocked by lawyers and staffers.
Student debt is still taking a big bite out of lawyer earnings four years after law school graduation, especially at law schools with the lowest return on investment, according to a study by Georgetown University’s Center on Education and the Workforce.
Is the summer-bonus bandwagon for associates getting revved up? Law firms in California, Texas and New York have announced summer bonuses collectively ranging from $2,500 to $30,000.
Hughes Hubbard & Reed pays new associates a top salary of $235,000, which is $10,000 above the going rate at many top law firms, according to a survey by the National Law Journal at Law.com.
Surveyed law students at 149 different schools most often chose Kirkland & Ellis as a top place to work in a summer associate position, according to a new survey by Law360 Pulse.
Top partners at Simpson Thacher & Bartlett are expected to earn more than $20 million this year after the law firm adjusted its compensation structure.
