Partner Issues
-
Biglaw, Blogging, Heller Ehrman, Howrey LLP, Law Firm Mergers, Partner Issues
Howrey Going to Get Out of This Pickle?
When we last wrote about goings-on at Howrey, the once-strong law firm that’s now experiencing troubled times, we mentioned the possibility of partner losses in the Chicago office. The firm pushed back on this, denying knowledge of any imminent defections in the Windy City. It now seems, however, that additional partner departures may be on […] -
Biglaw, In-House Counsel, Litigators, Litigatrix, Partner Issues
Call of the Wild
Ed. note: This post is by Will Meyerhofer, a former Sullivan & Cromwell attorney turned psychotherapist. He holds degrees from Harvard, NYU Law, and The Hunter College School of Social Work, and he blogs at The People’s Therapist. His new book, Life is a Brief Opportunity for Joy, is available on Amazon. I’ll never forget […] - 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… -
Associate Bonus Watch 2010, Biglaw, Bonuses, Layoffs, Money, Partner Issues, Partner Profits
The State of Biglaw: With Layoffs Down Dramatically, Will Spring Bring Bonuses?
This evening, many of us — and six Supreme Court justices, according to an announcement this morning from the Court — will listen to the State of the Union address. Don’t be shocked if President Obama tells us that the state of the union is “strong.” When was the last time a president appeared before […]
-
Biglaw, Money, Partner Issues, Partner Profits
Quinn Emanuel Profits Per Partner Head Higher Into the Stratosphere
Friday brought good news for associates at Sullivan & Cromwell. The firm announced generous springtime bonuses, which will double bonus compensation for some of the more junior classes. If you missed the news, which broke late on Friday, check it out over here. But Friday brought even better news about litigation powerhouse Quinn Emanuel. As […] -
Musical Chairs, Partner Issues, Partner Profits
More on Cadwalader's Capture of Energy Lawyers from McDermott
Sometimes lawyers at Cadwalader are the victims of theft. And sometimes they’re the ones doing the stealing. Here’s the promised follow-up to yesterday’s post about Cadwalader’s successful raid on the energy law practice of McDermott Will & Emery. It’s big news in Biglaw. As of now, nine partners are moving — Paul Pantano, Karen Dewis, […] -
Biglaw, FCC, JPMorgan Chase, Partner Issues, R. Ted Cruz, Television, Wall Street, Yul Kwon
Musical Chairs: Legal Celebrities on the Move(Including the energy lawyers going from MWE to CWT.)
A new year, a new job. That seems to be the thinking of many within the legal profession, based on the proliferation of professional moves we have to report (and not just out of Howrey). We’ll start with one move that’s aspirational rather than actual. Legal and political superstar Ted Cruz — the Morgan Lewis […] -
Antitrust, Biglaw, Dewey & LeBoeuf, Howrey LLP, Intellectual Property, john quinn, Musical Chairs, Partner Issues, United Kingdom / Great Britain
Howrey Going To Fix This? (Partner Defections, Office Closings -- Not Good.)
When asked for some 2011 predictions by the folks over at Hellerman Baretz, I had this to say (among other commentary): “Although business is generally picking up, some firms still haven’t managed to shake off the effects of the recession — and they are now seeing significant defections, as their partners leave for firms that […] -
Biglaw, In-House Counsel, Partner Issues
Your Dark Lord
Ed. note: This post is by Will Meyerhofer, a former Sullivan & Cromwell attorney turned psychotherapist. He holds degrees from Harvard, NYU Law, and The Hunter College School of Social Work, and he blogs at The People’s Therapist. His new book, Life is a Brief Opportunity for Joy, is available on Amazon. I was chuckling […] - Sponsored
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… -
Associate Advice, Biglaw, In-House Counsel, Partner Issues, Technology
Inside Straight: Thinking About E-mail 'Subject' Lines
Ed. note: This is the latest installment of Inside Straight, Above the Law’s new column for in-house counsel, written by Mark Herrmann. Please think for a second before you hit “send” and launch your next e-mail. There are actually a bunch of things you should think about before sending your next e-mail, but today I’ll […] -
Biglaw, Money, Partner Issues, Partner Profits
The Two Faces of K&L Gates
The end of the year was a pretty interesting time for partners at K&L Gates. Our sources report that right before the close of the year, the partners received a blistering message from Peter Kalis, the managing partner of the firm. Just 24 hours later, K&L Gates partners received an email from Kalis that was […] -
Bad Ideas, Biglaw, Cellphones, Partner Issues, Rudeness
Acela Bob, Meet Acela Jim: Kelley Drye Managing Partner Conducts Confidential Conversation on Packed Train
Here at Above the Law, we’re trying to help you. We write about lawyers who do embarrassing things so that you can learn from their examples. Heck, you should get ethics CLE credit for reading this site. One of our most widely-used lessons — now part of new employee training at a Wall Street firm, […] -
Biglaw, Money, Partner Issues, Partner Profits
Partners, I Feel Your Pain
If you thought that obsessing about money and feeling underpaid and underappreciated when it comes to your compensation stops once you become a Biglaw partner, think again. Am Law Daily reports on a new study done by Major Lindsey & Africa. The study shows that 61% of partners think they should be paid more. Oh, […] -
Biglaw, In-House Counsel, Money, Partner Issues
Inside Straight: A Tangent on Merit-Based Compensation
Ed. note: This is the latest installment of Inside Straight, Above the Law’s new column for in-house counsel, written by Mark Herrmann. I like what Steven Harper’s doing these days. After 30 years at Kirkland & Ellis, he retired from the fray, and he now comments on big law firms from an outsider’s perspective, at […]
Sponsored
Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use.
Sponsored
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
In this CLE-eligible webinar, we’ll explore the most common accounting pitfalls and how to avoid them for your firm.
Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms.
Sponsored
Sponsored
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…
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…
-
Bernie Madoff, Biglaw, Divorce Train Wrecks, Family Law, Money, Partner Issues
A Millionaire Paul Weiss Partner Might Get Money from His Ex-Wife -- Thanks to Bernie Madoff
Being married to a Paul Weiss partner is nice; getting divorced from a Paul Weiss partner is even nicer. Thanks to the prestigious firm’s eye-popping profits, getting divorced from a PW partner should give you a seven-figure payday (assuming the Paul Weiss partner has been a partner for a while and is the “monied spouse” […] -
Biglaw, Billable Hours, In-House Counsel, Money, Partner Issues
Inside Straight: Entering Time
Ed. note: This is the latest installment of Inside Straight, Above the Law’s new column for in-house counsel, written by Mark Herrmann. Also, in case you missed them because of the holiday break, be sure to check out his recent posts on in-house compensation and bonuses. First, a story. Then, my point. (If I promise […] -
Advertising, Biglaw, Career Center, Partner Issues, Shameless Plugs, This Is an Ad
Career Center Survey Results: Top Partners to Work For -- Smaller Legal Markets
We hope you’ve enjoyed following our series on Top Partners to Work For, as we’ve made our way around the country highlighting the law firm partners who are not only great at what they do, but are also great to work for. As we mentioned earlier, this survey is now closed — but we’ll run […] -
Advertising, Biglaw, Career Center, Partner Issues, Shameless Plugs, This Is an Ad
Career Center Survey Results: Top Partners to Work for – Chicago
As we head into the home stretch of our Top Partners to Work For series, we want to thank all of our readers who submitted such glowing partner nominations. If you work for an outstanding partner whom you think should be included on the list, we will be accepting new nominations in another survey in […] -
Associate Bonus Watch 2010, Biglaw, Bonuses, john quinn, Money, Partner Issues
Associate Bonus Watch: Quinn Emanuel Pays 150 Percent of Cravath Scale -- With Some Catches
CHECK YOU EMAIL — for some happy bonus news. On Friday, litigation powerhouse Quinn Emanuel announced its 2010 bonus schedule. And it was good. It’s a little more complex than the standard bonus scale at a lockstep firm. As in years past, Quinn Emanuel bonuses reflect a combination of seniority and hours worked. But one […] -
Biglaw, Crime, Partner Issues, S.D.N.Y., White-Collar Crime
Lawyer of the Day: Jonathan Bristol, Winston Partner Turned Accused Fraudster
Back in June, we wrote about an amusing effort by Winston & Strawn to rewrite history. The firm edited an historical press release to omit all mention of sketchy lawyer Jonathan Bristol, who joined Winston as a partner from Thelen. Now Winston has even more reason to be embarrassed by its former partner. Earlier today, […] -
Advertising, Biglaw, California, Career Center, Partner Issues, Shameless Plugs, This Is an Ad
Career Center Survey Results: Top Partners to Work For - California (Part 2)
The East Coast is freezing right now. New York is bitterly cold, and D.C. is even getting snow. So let’s head out to the West Coast, where the weather is warmer — and where associates are thrilled to be working with some superb partners. Earlier this week, we presented ten California partners whom our readers […]