Bonuses
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Associate Bonus Watch 2012, Biglaw, Bonuses, Money
Associate Bonus Watch: Shearman & Sterling
This is not a "match" of the Cravath bonuses in the classic sense. Let's look at the details.... -
Associate Bonus Watch 2012, Benchslaps, Bonuses, Canada, Labor / Employment, Media and Journalism, Non-Sequiturs, Privacy, Shameless Plugs
Non-Sequiturs: 12.04.12
* Judicial benchslap catfight over administrative orders. Man, I didn’t think I could make the word “catfight” sound so unsexy, but there you go. [The Chief Jester] * Is it a federal crime to read Above the Law at work? If so, download the app. [Workplace Law Prof Blog] * Speaking of apps, te “App from Hell” would be more interesting if it were actually an app. But hiring Professor Dan Solove to teach your colleagues about privacy is still a good idea. [Teach Privacy] * A dean of the University of Ottawa Law School wrote an op-ed defending Canadian law schools (which aren’t even as bad as U.S. law schools). Remember when deans didn’t have to defend law schools because there were “jobs” for “new attorneys”? [Canadian Lawyer] * Here’s an article about Formula 1 racing that you don’t need Google translator to read. [Dealbook] * Bonus podcast! I mean, Lat did a podcast with the ABA Journal about bonuses, not that there’s a podcast you can listen to in order to get a bonus. [ABA Journal] * Bonus Lat! I mean, here’s a story about David Lat and the changing coverage of law firms and the legal profession. [Details] - Sponsored
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Associate Bonus Watch 2012, Biglaw, Bonuses, Money
Associate Bonus Watch: Milbank Matches Cravath
Another leading law firm hops on the Cravath bonus bandwagon.
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Associate Bonus Watch 2012, Biglaw, Bonuses, Money
Associate Bonus Watch: Cadwalader and Debevoise Match Cravath
Let's hear the reactions of sources and check out the memos, shall we? -
Associate Bonus Watch 2012, Biglaw, Bonuses, Money, Partner Issues
Associate Bonus Watch: Cleary Gottlieb and Proskauer Rose Match Cravath
Cleary and Proskauer fall in line behind Cravath. Cleary's paying early, and Proskauer's memo is really nice. -
Associate Bonus Watch 2012, Biglaw, Bonuses, Money
Associate Bonus Watch: Paul Weiss Matches Cravath
Paul Weiss, Cravath's peer firm in terms of profitability, matched the Cravath bonuses. -
Associate Bonus Watch 2012, Biglaw, Bonuses, Money
Associate Bonus Watch: Skadden Matches Cravath
This isn't shaping up to be a very interesting bonus season.... -
Associate Bonus Watch 2012, Biglaw, Bonuses, Money
Associate Bonus Watch: Simpson Thacher Matches Cravath
Simpson Thacher will not take a backseat to Cravath when it comes to bonus payments. - Sponsored
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Associate Bonus Watch 2012, Biglaw, Bonuses, Money, Partner Issues
Associate Bonus Watch: Will Other Firms Refuse to Follow Cravath? (And Could That Be a Good Thing?)
Will everyone else fall in line behind Cravath this year? Not necessarily.... -
Benchslaps, Biglaw, Bonuses, Federal Judges, John Roberts, Law School Deans, Legal Ethics, Money, Morning Docket, SCOTUS, Supreme Court, Tobacco / Smoking
Morning Docket: 11.28.12
* Chief Justice John Roberts gave a Solicitor General’s Office attorney a vicious tongue-lashing for failure to be upfront about policy changes between presidents. Now that’s what we’d call a verbal benchslap! [Thomson Reuters News & Insight]
* When asked if they’d be following Cravath’s bonuses, a dozen Am Law 100 firms didn’t even care to respond or discuss the matter. It seems the partners would rather keep their associates squirming with suspense a while longer. [Am Law Daily]
* Watch out, world, because Catholic University of America just hired a Biglaw senior partner to lead its law school. Say hello to Dean Daniel Attridge, formerly managing partner at the D.C. office of Kirkland & Ellis. [National Law Journal]
* A federal judge ordered tobacco companies to disclose in product warnings that they chemically induce smoking addictions to turn a profit, but those fools will keep puffing their cancer sticks anyway. [WSJ Law Blog]
* This just in from Flori-duh: you know you’re probably going to have a bad day in court when the judge won’t declare a mistrial even though the prosecutor technically wasn’t a member of the state Bar. [Miami Herald]
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Associate Bonus Watch 2012, Biglaw, Bonuses, Money, Tax Law
Weil Won't Pay Bonuses Until January: Associates See Sinister Tax Motives
Did Weil just kick its associates over the fiscal cliff? -
Associate Bonus Watch 2012, Biglaw, Bonuses, Holy Crap, Money
Breaking: Cravath Announces Year-End Bonuses; Let the 2012 Bonus Season Begin!
Cravath just announced its 2012 year-end bonuses. How much will CSM - and, of course, the many firms that follow CSM - be paying out this year? -
Biglaw, Bonuses, BP, Federal Government, In-House Counsel, Money, Morning Docket, Sexism, Sexual Harassment, State Judges, State Judges Are Clowns
Morning Docket: 11.16.12
* BP agreed to plead guilty to 14 charges and pay $4.5B in fines, but before going through with it, several Biglaw firms helped the company sell off assets to fund litigation- and spill-related costs. [Am Law Daily]
* According to HBR Consulting, compensation for in-house attorneys has risen over the past year — including bonuses, which went up to $62,500. Sorry, but Biglaw isn’t following suit. [Corporate Counsel]
* It’s better to leave well enough alone: Pryor Cashman was ordered to pay more than $21K in legal fees for filing a frivolous motion over its repeated attempts to dismiss a case. [New York Law Journal]
* Judge Susan McDunn, who claimed that her “life [was] being ruined” by the secret lawsuits of many powerful Chicagoans, has resigned. Looks like her $182K salary wasn’t enough to buy crazy pills. [Chicago Tribune]
* James T. Hayes Jr., the ICE agent who accused his superior of subjecting male employees to her “sexually offensive behavior,” settled his discrimination lawsuit against the government for $175,000. [Washington Post]
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Associate Bonus Watch 2012, Biglaw, Bonuses, Money, Partner Issues
New Partner Watch: Does Cravath's Bumper Crop Bode Well for Biglaw Bonuses?
How many new partners did Cravath name this year -- and what might this suggest about bonuses? Perhaps you know some of these fine folks? -
Associate Bonus Watch 2012, Biglaw, Bonuses, Money, Partner Issues
Buying In: New York to 50!
What do partners think about associate bonuses? Anonymous Partner pulls back the curtain. -
Associate Bonus Watch 2012, Biglaw, Billable Hours, Bonuses, Money
Associate Bonus Watch: Are Hours Requirements Getting Blown Back?
One firm is adjusting associate expectations because of the storms... -
Associate Bonus Watch 2012, Biglaw, Bonuses, Money, Paralegals, Secretaries / Administrative Assistants
If Partners Really Have Souls, Bonuses Will Be Early This Year
If Biglaw really wants to help their employees, they'll release the bonuses early this year... -
Biglaw, Bonuses, Money
Gradenfreude: Please Stop Bitching About Your Biglaw Bonuses
Despite having graduated from law school, Tristan Taylor Thomas is stuck working at a retail job. And his year-end bonus isn't going to be as large as the typical ones seen in Biglaw, which is why he encourages lawyers to quit complaining... -
Biglaw, Bonuses, Gender, Partner Issues, Staff Attorneys / Discovery Attorneys, Women's Issues
The Women of Biglaw Are Still Trapped In Staff Attorney Binders
Women in Biglaw can expect smaller salaries and bonuses to match, according to this year's depressing NAWL report. -
Associate Bonus Watch 2012, Biglaw, Bonuses, Money
Associate Bonus Watch: Early Word About Cahill Gordon Bonuses
At a meeting yesterday, Cahill Gordon's chairman announced the firm will be paying "special" bonuses (on top of the usual market-matching bonuses). Is this a good sign for Biglaw bonus season, or is Cahill just exceptional?