Weil

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We’re entering on-campus interviewing season. If you’re a law student going through OCI, or if you’re a lawyer involved in your firm’s recruiting process, be sure to check out Above the Law’s new law student career center, a repository job search resources, and our law firm directory, where law firms get letter grades in different categories.

One area that interviewees are always interested in is diversity. Diverse attorneys — okay, that’s a bad way of putting it — minority attorneys want to know where they’ll feel welcome. Even lawyers who aren’t minorities want workplaces that are open and inclusive. And corporate clients are increasingly keen on sending their work to firms that show a commitment to diversity.

So which Biglaw firms are the biggest on diversity? Let’s check out the latest rankings….

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  • 04 May 2012 at 12:17 PM
  • Biglaw

Weil Wants Your Weekend

Since when do you need a good reason to not raise your hand?

When is volunteering not voluntary? When you are a young lawyer.

We’re all still trying to digest New York’s new requirement that forces young lawyers to give away their skills for free for 50 hours if they want to become members of the bar.

It’s never cool when an organization forces the youngest and the weakest to “volunteer,” while those who are more established and profitable are not required to give to charity.

But I guess if the New York State Bar can do it, surely a private law firm can feel free to impose volunteer requirements on its young attorneys. Apparently, if you work at Weil Gotshal and have some free time, the firm wants you to “volunteer,” or at least provide a really good reason why you don’t want to work for free over the weekend….

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* All your base are belong to… Rick Santorum? Error! Malfunction! Super Tuesday was not quite as super as Mitt Romney was hoping for. Looks like it’s time to reprogram the Mitt-bot so he can conquer the true conservatives. [CNN]

* And the Cebulls**t just keeps on coming. Now Democrats on the House Judiciary Committee are calling for a hearing and an investigation on the consequences of the federal judge’s racist email. [Associated Press]

* After wrapping up a Chapter 11 bankruptcy for Lehman Brothers, Weil Gotshal’s bill came to $383M. And sadly, that’s probably going to be the only “spring bonus” associates will see this year. [Am Law Daily]

* Complete pwnage: a handful of LulzSec hacktivists were arrested after their leader, an FBI informant, turned on them. How will this affect the Anonymous movement? More importantly, who cares? [New York Times]

* No postponements for you, Casey Anthony. Try as she might, the acquitted ex-MILF just can’t escape the defamation lawsuit filed by a woman who was only supposed to be make believe. [Washington Post]

* Don’t like Maryland Law’s environmental clinic litigation? Offer another public law school $500K to represent the defendants. Because if anyone would take a bribe, it would be Baltimore Law. [National Law Journal]

In the world of Biglaw, the subject of bonuses is a hot-button issue. People will disagree, often vehemently, on whether the bonuses paid by a particular firm are generous or cheap. To paraphrase an old joke, if you ask two people about bonuses, you’ll get three opinions.

Given these frequent differences of opinion, whenever we publish an Associate Bonus Watch post, we’re eager to get opinions and additional information from you, our readers. As you can see from looking back at our prior bonus coverage, we often update our bonus posts to add new information or another point of view. You can send us reactions to your firm’s bonuses — or news of bonuses we have not yet covered — by email or by text message (646-820-8477 / 646-820-TIPS).

Some of our recent bonus posts have generated salient updates and dissenting opinions. After the jump, we bring you postscripts regarding bonuses at several major law firms, including Cravath, Kaye Scholer, Quinn Emanuel, Sidley Austin, and Weil Gotshal….

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After yesterday’s excitement over the Boies Schiller bonuses, we’re back to the Cravath scale. Today Weil Gotshal came out with its year-end bonuses. The firm is matching Cravath.

Our sources report the Weil scale starts at $7,500 for full first-year associates — no stub-year bonus for the class of 2011, like at Milbank — and tops out $37,500.

UPDATE (12/15/11): Weil just announced that it will pay $42,500 to its most-senior associates, in accordance with the Sullivan & Cromwell bonus scale. Memo below.

Actually, for Weil associates this “match” could be even worse than last year’s bonuses. That’s because Weil followed through on its promise to phase out extra cash for top performers….

double red triangle arrows Continue reading “Associate Bonus Watch: Weil Matches Cravath (And There’s Nothing ‘Distinguished’ About It)”

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