Money
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Crime, Money, New Jersey, Skaddenfreude, Television
The Sopranos: More on the Finale (and a Reader Poll)
Sunday night’s open thread on the series finale of The Sopranos — which had a legal connection, since a law firm expressed an interesting in hiring Meadow Soprano at a starting salary of $170K — drew many interesting comments. There were tons of interesting theories bandied about concerning the ending of the show. Some of […] -
Biglaw, Money, Skaddenfreude
Nationwide Pay Raise Watch: Townsend Goes To Town
The keeper of the California LIST OF SHAME needs to remove Townsend and Townsend and Crew. As pointed out by another commenter, the firm has raised to the $160K pay scale. We’ve confirmed the raise with sources at the firm. We also have a copy of the memo. Townsend has raised its the minimum billable […] - Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get… -
Biglaw, Money, Skaddenfreude
Nationwide Pay Raise Watch: Charlotte
What did we learn from the comments on last week’s open thread about Atlanta? We learned that the next market you want to talk about is… Charlotte! In all of the bitching about ATL — the depressed starting salaries, the compression, the higher-than-expected cost of living, the crappy weather — CLT was frequently cited as […]
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Biglaw, Money, Partner Profits, Skaddenfreude
Jenner Gets Medieval Goes All Mayer on Some Equity Partner Arse
On the list of law firms that have moved their associates up to the $160K pay scale, one of the most conspicuous omissions is Jenner & Block. As we wondered in a prior post: “What’s Up With Jenner & Block?” As it turns out, “About twenty equity partners. Toe-up.” From today’s National Law Journal: Jenner […] -
Crime, Money, New Jersey, Skaddenfreude, Television
Nationwide Pay Raise Watch: Grubman to $170K?
Unfortunately, not this Grubman, but Grubman, Grubman & Curcio — a fictional law firm on The Sopranos. They expressed interest in hiring Meadow Soprano, daughter of New Jersey mob boss Tony Soprano, as a first-year associate. Meadow’s fiancee, Patrick Parisi, already works at the firm. The figure tossed around as a starting salary for Meadow […] -
Alston & Bird, Biglaw, King & Spalding, Money, Morris Manning, Powell Goldstein, Skaddenfreude
Nationwide Pay Raise Watch: Atlanta
The day that many of you have been waiting for has arrived. Today ATL goes to ATL: the fair city of Atlanta! Based on NALP forms and prior news articles, it seems that starting salaries in the Big Peach generally range from $130,000 and $145,000 (similar to Philadelphia). At $130K: Alston & Bird; Arnall Golden […] -
Biglaw, Media and Journalism, Money, Skaddenfreude
Nationwide Pay Raise Watch: Is New York Worth It?
This question gets debated endlessly in the comments here at ATL. Readers argue about real estate prices, billable hour requirements, and the cost of a round of drinks in different cities. Sadly, there’s often a lack of hard data in these disputes. Well, now we have some real information, courtesy of the National Law Journal: […] -
Biglaw, Money, Skaddenfreude
Nationwide Pay Raise Watch: Official Comment from Simpson
When we debunked the Simpson Thacher raise rumor earlier today, it was based on information from associates who work at the firm. But now, straight from the horse’s mouth, we have comment from a Simpson partner. Corporate partner James D. Cross is co-chair of the firm’s personnel committee. We emailed him about the raise rumor, […] - Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Biglaw, Money, Skaddenfreude
Nationwide Pay Raise Watch: Phoenix
Today our tour of non-mega-markets swings through the American Southwest. Say hello to Phoenix! This article is a bit dated, but still informative and generally accurate. From the Business Journal: Phoenix-area law firms face a major hurdle in recruiting top legal talent: They do not offer starting salaries as high as those found in California, […] -
Biglaw, Money, Skaddenfreude
Nationwide Pay Raise Watch: The Simpson Rumor
We’ve checked with our sources at Simpson Thacher & Bartlett. And we hate to be the bearers of bad news, but the rumor that Simpson has raised starting salaries for its associates to $190,000 is UNTRUE. The “memo” that has been making the rounds is a fake. So y’all can stop emailing us about this […] -
Biglaw, Money, Skaddenfreude
Nationwide Pay Raise Watch: Some Good News from Boston
Some of these Boston pay raises have been previously reported in these pages, but some are new. From this morning’s National Law Journal (subscription): A second wave of associate salary increases is sweeping the Boston legal market with several firms boosting first-year pay to $160,000 for the incoming September class. At Bingham McCutchen, DLA Piper, […] -
Biglaw, Money, Skaddenfreude, Summer Associates, Williams & Connolly
Nationwide Pay Raise Watch: A Quick Update on Williams & Connolly
We recently asked for information about compensation developments at Williams & Connolly. We haven’t heard anything about base salary increases; but we do have information about two other topics. First, we’ve confirmed that the firm’s clerkship bonus currently stands at $25,000. If you do a district and circuit clerkship, you get $50,000. Second, on Tuesday […] -
Admin, Biglaw, Money, Skaddenfreude
Nationwide Pay Raise Watch: Lunchtime Open Thread
We’re signing off for a while, to go to a lunch meeting. So you won’t be hearing from us for a little while. If any big salary developments occur while we’re gone — yes, we’ve seen the Simpson Thacher “memo,” very cute, guys — please post them in the comments. And feel free to discuss […]
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Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use.
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Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so…
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Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get…
Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms.
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Biglaw, Money, New Jersey, Skaddenfreude
Nationwide Pay Raise Watch: New Jersey
In our tour of the nation’s secondary (and we don’t mean that in a bad way) legal markets, we’ve previously hit Denver, Hartford, Philadelphia, and Seattle. Now we return to the East Coast, with a shout-out to our home state: New Jersey! From the New Jersey Law Journal: New Jersey’s large firms are hiring larger […] -
Biglaw, Job Searches, Money, Skaddenfreude
Nationwide Pay Raise Watch: Good News (and Bad) from Bingham McCutchen
Yesterday we asked: “What’s Up With Bingham McCutchen?” Associate salaries, that’s what. Last night, Bingham McCutchen sent around an email announcing that it “will be increasing 2007 base compensation in our domestic U.S. offices to match the base compensation structure in our New York office, consistent with the new national market.” The raise is retroactive […] -
Biglaw, Money, Skaddenfreude, Sonnenschein, Stroock & Stroock & Lavan
Nationwide Pay Raise Watch: Stroock, Reed Smith, Sonnenschein
A few more news items concerning associate compensation: 1. Stroock & Stroock & Lavan: Multiple sources confirm that they’ve raised salaries in their Los Angeles office. Effective date of June 1; no changes to the bonus structure. The new scale is 160-170-185-195, plus discretionary raises for year 5 and above, who previously were at $200K […] -
Biglaw, Money, Skaddenfreude
Nationwide Pay Raise Watch: Seattle
Our tour of the country’s less-than-gigantic legal markets has swung through Denver, Hartford, and Philadelphia. Now we head out to the West Coast, to pay a visit to one of our favorite American cities: Seattle. We couldn’t locate a good news article to kick off the discussion. But we combed through the ATL archives to […] -
Biglaw, Money, Reader Polls, Skaddenfreude
ATL Reader Poll: WWNYD?
Here is a completely unsubstantiated rumor, which we’ll pass along anyway (’cause that’s what we do around here): I cannot confirm this, but a friend of mine at Simpson Thacher claims that NYC firms are going to $190K soon. Apparently, one of his friends from [law school] was on an interview and requested credit for […] -
Biglaw, Money, Skaddenfreude
Nationwide Pay Raise Watch: What's Up With Bingham McCutchen?
As far as we know, Bingham McCutchen has not joined in the latest round of associate pay raises. Many people have been wondering why — even the media: Add Morgan, Lewis & Bockius to the list of Cal Law 25 firms that now pay associates on the $160,000 scale. The only real holdouts now are […] -
Crime, Divorce Train Wrecks, Drugs, Education / Schools, Gay, Money, Non-Sequiturs, Perverts, Romance and Dating, Videos
Non-Sequiturs: 06.04.07
* 21 Jump Street in action! Perennially young and quirky Johnny Depp could probably still pull it off today. [Seattle Times] * Can you think of anything better to do after renouncing the practice of law? [Law and Magic Blog (seriously)] * Some perspective: at least there’s no evidence he ever videotaped high school boys […]