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While a sizable portion of attorneys say their firms offer compensation to associates for bringing in new business, relatively few associates actually reap such rewards, according to a new survey.
Law firms that try to keep their pay structure secret might only be fostering discontent among their associates, according to mounting evidence, including a new survey.
Compensation at law firms across the U.S. can vary widely even with a competitive market for talent, with firm size, partnership status and gender all contributing to differences in pay, according to a new report out Tuesday.
Law360 Pulse asked lawyers about their compensation, billable hours, billing rates, originations and more. Find out how much they earn, how satisfied they are with their pay and where some of the problem areas lie.
Aeton Law Partners does not have to keep representing a Constitution State attorney who accused the firm of failing to communicate with her and putting in the work on her defamation claims against a former acquaintance, according to a new order from a Connecticut state court.
New York-based Susman Godfrey LLP is giving its associates year-end bonuses ranging from $140,000 to $360,000 — tripling the number at the highest end of the market scale, the firm announced Monday.
Terms related to artificial intelligence — such as "AI bias," "generative AI" and "hallucination" — are some of the top legal words and phrases that emerged in 2023, according to Burton's Legal Thesaurus, which on Monday released a list of new expressions it will add to its lexicon of law.
The legal industry saw another busy week as firms merged and BigLaw continued to lavish associates with raises and bonuses before the end of the year. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
The U.S. legal services sector continued to add jobs last month after contracting during the summer, according to preliminary data from the U.S. Bureau of Labor Statistics released Friday.
Sheppard Mullin Richter & Hampton LLP and Herbert Smith Freehills LLP are the latest law firms announcing year-end bonuses for associates and 2024 raises that meet or exceed the scale set by Cravath Swaine & Moore LLP last month.
WilmerHale and Morrison Foerster LLP secured spots on top of this week's legal lions list, one by toppling a $2 billion patent infringement verdict against its client and the other for its work on a groundbreaking abortion decision out of Texas.
A Second Circuit panel ruled Thursday that an insurer need not cover a legal malpractice suit brought against an attorney and his former firm, rejecting the attorney's argument that some acts the underlying suit alleged circumvented the policy's exclusions.
A Connecticut attorney grievance committee has found "clear and convincing evidence" that an attorney who responded to a state professional misconduct investigation with a message indicating that he had gone fishing violated professional conduct rules, according to the state's lawyer discipline office.
Arnold & Porter Kaye Scholer LLP and boutique private equity firm Massumi & Consoli LLP announced 2024 salary figures on Thursday that are in line with the prevailing scales set by Cravath Swaine & Moore LLP.
Connecticut law firm Silver Golub & Teitell LLP has elected two of its longtime associates to the firm's partnership in the new year, the firm said Thursday.
Arunan Arulampalam, the mayor-elect of Hartford, Connecticut, has made four key staff appointments as he prepares to head into his inaugural term, including his top attorney.
Vincent "Vin" Mauro Jr., a longtime Connecticut Senate Democrats staffer, is leaving the public sector after nearly three decades to join McCarter & English LLP's government affairs practice in Hartford. He recently spoke with Law360 Pulse about his interest in government and career, his decision to attend law school and why he's moving to private practice.
The Fairfield Judicial District will be renamed in the new year following state legislation enacted in June, the Connecticut Judicial Branch said.
New York-based white collar and commercial litigation boutique Ford O'Brien Landy LLP has added a former Connecticut federal prosecutor with more than two decades of experience as counsel.
Commercial contracts litigation has slowed down considerably in the wake of the COVID-19 pandemic, with new case filings reaching their lowest level in a decade last year before beginning to rebound in 2023, following a brief but dramatic spike in 2020, according to a new report Thursday.
Fox Rothschild LLP has moved to withdraw from representing a solar company accused of unfair trade practices by the Connecticut attorney general's office by citing a professional conduct rule that can apply, among other things, to withdrawals involving a case's financial burden or a client's repugnant activities.
The number of law firms offering their associates year-end bonuses and 2024 raises in line with or exceeding those put forward by Cravath Swaine & Moore LLP last month has continued to tick upward, with at least three more joining in as of Wednesday.
Top corporate lawyers are spending more on outside counsel, and many think they will increase that amount further in 2024 because of their various legal needs, from new matters to regulatory headwinds to employee activism, according to a report released Wednesday.
A primary concern for large law firms for the next year is how to continue to get bigger, whether that's through lateral hiring or combinations, even as the geopolitical and macroeconomic environments remain volatile, according to a report released Wednesday.
The wave of bonus announcements continued Tuesday as several more law firms followed suit in matching the prevailing year-end bonuses and 2024 associate salaries set by Cravath Swaine & Moore LLP, with Ropes & Gray LLP topping the list by adding a tier for associates from the class of 2015 and earlier.
Steps law firms can take to attract and keep the best lawyers amid the pandemic include diversifying expertise to meet anticipated legal demands, prioritizing firm culture, and preparing for prospective partners' pointed questions, says Brian Burlant at Major Lindsey.
Law firm clients can play a role in lowering mental distress in the legal profession by seeking lawyer wellness data from firms and factoring those responses into outside counsel hiring decisions, says Jonathan Prokup at Cigna.