2016 Salary Increase

  • Morning Docket: 12.20.16
    Morning Docket

    Morning Docket: 12.20.16

    * So much for Prof. Lawrence Lessig having flipped at least 20 Republican electors: Only two “faithless electors” from Texas refused to cast their votes for President-elect Donald Trump, choosing John Kasich and Ron Paul instead. At the end of the day, more Democrats chose not to support their party’s nominee, Hillary Clinton. [The Hill]

    * Sorry, but Chief Justice John Roberts won’t grant your emergency petition to force the Senate hold a confirmation vote on President Obama’s SCOTUS pick, Judge Merrick Garland (D.C. Cir.). Instead, Judge Garland will resume hearing cases on January 18, and President-elect Trump will make his nomination after his inauguration. [Reuters]

    * With the new year almost upon us and 2017 financial forecasts being made for the largest firms in the country, the great salary increase of 2016 has come up again and again as a major cost suck for some Biglaw firms. How costly was it? According to Aric Press, “[t]his will cost the average Am Law 100 firm, with headcount at 930 lawyers, about $11.6 million a year, or $57,300 per equity partner.” [Big Law Business]

    * Working Mother is surveying law firms to determine which ones offer the best environment for lawyers with kids. The publication will release a list of the 50 best firms, and the deadline for participation is February 10. Help your firm get recognized for something that could help steer the direction of an associate’s career. [ABA Journal]

    * Are you running behind on purchasing your gifts this holiday season? Worry not, because thanks to the legalization of marijuana in these eight jurisdictions, you can give your friends and family the gift of ganja without being criminally prosecuted: Colorado, Massachusetts, Nevada, California, Maine, Alaska, and Washington, D.C. [INVERSE]

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  • Morning Docket: 11.17.16
    Morning Docket

    Morning Docket: 11.17.16

    * Don’t say we didn’t tell you this, but according to the latest report from Citi Private Bank’s Law Firm Group, the great Biglaw salary increase of 2016 is now being cited as a strain on law firm profits. Expenses are now growing faster than revenues at many firms. We’ll have more on this later today. [Am Law Daily]

    * This is one promise that President-elect Trump is sticking to: Kellyanne Conway, his campaign manager, has confirmed that he will choose a Supreme Court nominee from the list(s) he released earlier this year: “You’ve seen the list of 21. The list has not changed.” You can see Trump’s shortlist(s) here and here. [Big Law Business]

    * “Every good person has an obligation to both to continue being heard and to continue doing the right thing. We can’t afford for a president to fail.” Justice Sonia Sotomayor has spoken out about the results of the presidential election, and she thinks that we must guide President-elect Trump to make the right decisions for the country. [WSJ Law Blog]

    * The American Bar Association’s Council of the Section of Legal Education and Admissions to the Bar has sanctioned not one, but two law schools for their lax admissions standards. Valparaiso Law has been publicly censured and Charlotte Law has been placed on probation. We’ll have more on this later today. [National Law Journal]

    * Judge William Duffin of the Eastern District of Wisconsin has denied a request made by state prosecutors to delay “Making a Murderer” subject Brendan Dassey’s release from prison. Wisconsin Attorney General Brad Schimel says he will appeal Duffin’s ruling to the Seventh Circuit. Dassey is scheduled to be released on Friday. [Reuters]

  • Morning Docket: 10.10.16
    Morning Docket

    Morning Docket: 10.10.16

    Ed. note: In honor of Columbus Day (and Canadian Thanksgiving), Above the Law will be on a reduced publication schedule today. We will be back in full force tomorrow.

    * NBC News was aware of Donald Trump’s “grab ’em by the p*ssy” remarks days before they were made public, but the network’s lawyers took so long to review the footage for fear of being sued by the presidential candidate that it was scooped on the story by another publication. The lewd footage was allowed to languish for nearly a week. [Washington Post]

    * Thanks to Donald Trump’s latest scandal, the Republican National Committee has “an army of lawyers” exploring whether it would be possible to replace the party’s presidential candidate with another nominee. What have they found? His cooperation would be necessary, and “[t]he fact remains that [Trump] can only be replaced if he quits or dies. And he’s declared … he’s not planning on doing either.” [POLITICO]

    * As our readers know well, the vast majority of New York’s top law firms have raised first-year associate salaries to $180,000 from $160,000, but those new salaries will surely cut into the law firms’ profits. How will they be able to make up for it? “Part of what makes this easier for law firms to absorb is that billable rates go up every year, and maybe this year they go up a little bit more than usual.” [Crain’s New York Business]

    * According to the latest data from the Bureau of Labor Statistics, the legal sector added about 400 jobs in September, with the biggest job gains coming in the form of management consulting, which seems fitting given the depressed demand for legal services right now. In case you were wondering, the legal profession would need to add around 55,000 jobs to return to pre-recession levels of employment. [Am Law Daily]

    * “His behavior was disturbing enough to warrant action….” A former Montana Law student was permanently barred from campus late last week after he returned to the school and allegedly disrupted a professor’s class, prompting the dean to send out a warning email to the student body. A police officer was stationed outside the professor’s classroom thereafter. We may have more on this story later today. [Missoulian]

    * Kenneth Thompson, Brooklyn District Attorney, RIP. [New York Law Journal]

  • Non-Sequiturs: 09.14.16
    Non-Sequiturs

    Non-Sequiturs: 09.14.16

    * Bar exam results from Washington. Numbers are down… is the state’s alternative lawyer program partly responsible? [Bar Exam Stats]

    * Important advice for a young attorney: consider the billing rates of your practice group. [Bobogado]

    * Now the ACC is pulling out of North Carolina over the wide-ranging discrimination bill — superseding local ordinances protecting against LGBT discrimination generally — that dumb, reductionist types insist on calling the “bathroom law.” [CBS Sports]

    * Acquittals require the human connection. [Katz Justice]

    * And if you don’t believe that one, here’s the psychology to back it up. [Law360]

    * You can get out of stuff by fearing documents? [Lowering the Bar]

    * This sponsored post from our site is worth a look, featuring an interview with a general counsel and a managing partner on the fallout from the Moneylaw associate salary bumps. [Above the Law]

    * Sad news tonight as Finnegan mourns the passing of Ford Farabow, one of the firm’s founding partners. [Finnegan]

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