Profits
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Biglaw, Money, Partner Issues, Partner Profits
A Biglaw Firm Plays With Its Partner Pay Scale
Top partners are getting their pay cut at one leading law firm. Why? -
Ask the Experts, Associate Advice, Biglaw, Career Center, Career Files, Law Students, Lawyers
From the Career Files: A Dozen Suggestions for New Lawyers
Are you a young lawyer looking for some practical career advice? Here are twelve tips from a longtime law firm partner. - Sponsored
Profit Powerhouse: Elevating Law Firm Financial Performance
In this CLE-eligible webinar on April 10th, we’ll explore the most common accounting pitfalls and how to avoid them for your firm. -
Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, Money, Partner Issues, Partner Profits
Dewey Know Which Partners Signed On To The Partnership Contribution Plan? Yes -- And How Much They'll Pay, Too
Which high-profile ex-partners of Dewey & LeBoeuf have signed up for the global settlement, and how much are they paying?
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Biglaw, Citigroup, Dewey & LeBoeuf, Dissolution, Partner Issues, Partner Profits, Wells Fargo
Dewey Know Who's Next? (Reprise)
Which major law firm might follow in the footsteps of Dewey and LeBoeuf? Let's discuss.... -
Biglaw, Citigroup, Dewey & LeBoeuf, Money, Partner Issues, Partner Profits
Dewey Collude With Citi To Screw Individual Partners?
A former Dewey partner alleges that the firm and Citibank worked together to improve the firm's cash position at the expense of individual partners. -
Biglaw, In-House Counsel, Partner Issues, Partner Profits
Inside Straight: Do Law Firms Undervalue Good Lawyering?
A partner at a major law firm shares his thoughts on business development with one of our in-house columnists, Mark Herrmann. -
Biglaw, Heller Ehrman, Jack Abramoff, Money, Partner Issues, Partner Profits
Commendable Candor from Greenberg Traurig
Greenberg Traurig's CEO opens up on a variety of subjects, ranging from the firm's recent capital call to the measures it has taken to respond to prior scandals. -
Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, Money, Partner Issues, Partner Profits
Dewey Have Data on How Much Partners Got Paid? Yes -- Thanks to the Partner Contribution Plan
Here are spreadsheets showing how much Dewey's 109 most highly compensated partners earned in 2011 and 2012, along with how much they are being asked to contribute in "clawbacks" under the "Partnership Contribution Plan." Enjoy! - Sponsored
How Generative AI Will Improve Legal Service Delivery
Learn how emerging tools will likely change and enhance the work of lawyers for years to come in this new report. -
Biglaw, In-House Counsel, Minority Issues, Money, Partner Issues, Partner Profits, Women's Issues
Inside Straight: Analyzing 'Black-Box' Compensation
What are the advantages and disadvantages of a "black box" compensation system, in which nobody knows how much anyone else is earning? -
Biglaw, David Boies, General Counsel, In-House Counsel, Lateral Moves, Litigators, Musical Chairs, Partner Issues, Partner Profits
Musical Chairs: Star Litigator David Bernick Joins Boies Schiller
A closer look at Boies Schiller's hiring of David Bernick, former general counsel of Philip Morris and former Kirkland & Ellis partner. -
Biglaw, Money, Partner Issues, Partner Profits
Some Comments on Capital Calls (and a Closer Look at Greenberg Traurig's)
Why is Greenberg Traurig issuing a capital call to its partners? And are any other firms following in its footsteps? -
Biglaw, Lateral Moves, Media and Journalism, Money, Partner Issues, Partner Profits, Rankings
Buying In: The 'Watershed'
The launch of the American Lawyer magazine had a profound effect upon the world of large law firms, according to one fairly senior partner. And it wasn't necessarily a positive effect.... -
Bankruptcy, Biglaw, Blind Item, Dewey & LeBoeuf, Dissolution, Money, Nauseating Things, Partner Issues, Partner Profits
Biglaw Blind Item: The $6 Million Men(Plus additional tidbits about Dewey partner compensation.)
Who are the two Dewey & LeBoeuf partners who earned more than $6 million in the year leading up to the firm's bankruptcy filing?
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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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Profit Powerhouse: Elevating Law Firm Financial Performance
In this CLE-eligible webinar on April 10th, we’ll explore the most common accounting pitfalls and how to avoid them for your firm.
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…
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This AI-Powered Document Tool Will Meet You Where You Are
Lexis Create provides simple access to internal and external knowledge — directly within Microsoft Word.
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How Generative AI Will Improve Legal Service Delivery
Learn how emerging tools will likely change and enhance the work of lawyers for years to come in this new report.
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Bankruptcy, Biglaw, Dewey & LeBoeuf, Dewey Ballantine, Dissolution, JPMorgan Chase, King & Spalding, Kramer Levin, Lateral Moves, LeBoeuf Lamb, Money, Partner Issues, Partner Profits
Dewey Partners Get Any Capital Back? Good Luck With That!(Plus more partner moves, including Ralph Ferrara.)
What will happen to the capital contributions of former Dewey partners? And on that subject, who are the latest defectors, and where are they going? -
Arnold & Porter, Biglaw, Fabulosity, Money, Partner Issues, Partner Profits, Rankings
The 2012 Am Law 100: Revenue and Profits Continue To Climb
Which firms had the biggest revenue and the highest profits per partner last year, according to the latest Am Law 100 rankings? -
Arent Fox, Biglaw, Dewey & LeBoeuf, Lateral Moves, Money, Partner Issues, Partner Profits
Dewey Have A Problem With Defections? Or With Math?(Plus information on international offices.)
What's going on with Dewey defections? And restated financial results? And overseas offices? -
Biglaw, Husch Blackwell, Partner Issues, Partner Profits
Yes Virginia, Partners Get Demoted Too
We’ve heard many stories about partners without sufficient business quietly being "pushed out" or de-equitized. But we rarely see an entire group of partners publicly "demoted" en masse. Well, on Monday a Biglaw firm did just that… -
Associate Bonus Watch 2011, Biglaw, Bonuses, Money, Partner Issues, Partner Profits
Associate Bonus Watch: O'Melveny & Myers(And other OMM developments.)
How are things - including, but not limited to, associate bonuses - looking at O'Melveny & Myers? -
Associate Bonus Watch 2011, Biglaw, Bonuses, Money, Partner Issues, Partner Profits
Associate Bonus Watch: Paul Hastings
In terms of firm finances, Paul Hastings had a perfectly decent 2011. Revenue and profits were fairly stable; on the bright side, revenue per lawyer surpassed the $1 million mark for the first time. So how are those revenue-generating worker bees being compensated? Bonuses are out at Paul Hastings. How are PH associates reacting? -
Biglaw, Bonuses, Money, Partner Issues, Partner Profits
Show Them the Money: Where Are the Spring Bonuses?
Today is March 1. By this time last year, about a dozen firms had announced spring bonuses, as you can see from our prior coverage. This year? Crickets. What's going on?