Money
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Morning Docket
Morning Docket: 02.02.17
* Remember when Trump recaptured the news cycle from the string of blunders and Russian scandals that rocked his first month? That seems like just yesterday…. [Washington Post]
* What happens to lawyers after they
publicly demean themselvesappear on The Bachelor? [The Ringer]* After a massive scandal, Wells Fargo is slashing executive pay in the name of accountability. Well, by “slashing,” they mean “the people who failed to pick up the fraud will still make millions,” but it’s the tokenistic thought that counts. [Corporate Counsel]
* JP Morgan replaced 360,000 hours of annual legal work with a robot that does the work in seconds. That sounds impressive, but when you control for Biglaw hour padding the software really replaced about 20 minutes of work. [Bloomberg Markets]
* Yahoo’s GC resigned over their cybersecurity kerfuffle. Most Americans greet the news by wondering, “wait, Yahoo is still around?” [NY Times]
* Salary increases may be nice, but it just intensifies senior skepticism over what young associates really bring to the table. [Law360]
* Gibson Dunn building its Houston office on with Latham laterals. [Texas Lawyer]
* Even with revenue down, Bryan Cave manages to get PPP up. [Am Law Daily]
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Litigation Finance, Sponsored Content
Racing To The Start Line: Singapore And Hong Kong Take Steps To Permit Third-Party Funding
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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. -
Associate Salaries, Biglaw, Money
Firm Finally Announces Raises And Associates Are Less Than Excited
After nine months, these associates have finally learned their new salaries.
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Biglaw, Bonuses, Money
Associate Bonus Watch: Better Late Than Never
Despite the wait, associates are pleased with their bonuses. -
Litigation Finance, Litigators, Money
Fulbrook Using Big Data To Get Ahead In Litigation Finance
Litigation finance still has plenty of low hanging fruit available with data analytics. -
Federal Judges, Money, Neil Gorsuch, SCOTUS, Supreme Court
Judge Neil Gorsuch: What's His Net Worth?
It's pretty, pretty sizable -- although it falls far short of Judge Merrick Garland's. -
Biglaw, Bonuses, Money
Firm Disappoints Associates With Bonus Announcement... Again
What's worse than having to wait months for your bonus announcement? Getting a lackluster bonus announcement after waiting months for your bonus announcement! -
Biglaw, Bonuses, Money
Associate Bonus Watch: Huge Smiles At A Huge Law Firm
One of the world's five largest firms announces its bonuses. - Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Litigators, Money
Monte Carlo Simulation – Don't Build a Bad House
Two takeaways for lawyers about Monte Carlo simulations, from finance columnist Michael McDonald. -
Biglaw, Bonuses, Money
Associate Bonus Watch: More Word From The West Coast
People are generally happy, although individual numbers remain to be communicated. -
Biglaw, Partner Issues
Top Firms Get Richer In Otherwise Poor Year For The Legal Industry
Citi releases its annual survey results, and your industry outlook depends on what kind of firm you are. -
Biglaw, Bonuses, Money
Associate Bonus Watch: Mo' Money At MoFo
General sentiment about bonuses at Morrison & Foerster is positive. -
Biglaw, Bonuses, Money
Associate Bonus Watch: No Memo, No Problem
Usually a firm withholding a bonus memo is a bad thing....
Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The Business Case For AI At Your Law Firm
Legal AI: 3 Steps Law Firms Should Take Now
Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
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Lawyerly Lairs, Real Estate
Lawyerly Lairs: A Power Couple's $4 Million Perch
He was a longtime Biglaw partner, and she was a prominent judge. -
Litigation Finance, Litigators, Money
How To Get Commercial Claims Litigation Cases Funded
Unfortunately, just like any investment pitch in any area of finance, presentation often matters as much as the actual content of the investment. -
Biglaw, Bonuses, Money, Texas
Associate Bonus Watch: To Play In The Big Leagues, Pay Like The Big Leagues
Associates at this firm are "ecstatic" about their bonuses. -
Biglaw, Bonuses, Money
Venerable Firm Offers Bonuses Waaaaaaaay Below Market
Not exactly a good haul. -
Biglaw, Money
Small Bonus Pool Makes For Sad Associates
A down year for the firm means unhappy associates. -
Money, Wall Street
DOL Fiduciary Rule Requires Caution By Attorneys
It's unclear if the bulk of advisors will be willing to take the legal risk of doing what’s right for their client. -
Banking Law, Wall Street
Trump Wants To ‘Do A Big Number’ All Over Dodd-Frank
That big number, it turns out, is the number two.