
Associate Bonus Watch: Hogan Lovells (New York)
Partner bonuses at Hogan Lovells generated controversy earlier this year; can the same be said about associate bonuses?
Partner bonuses at Hogan Lovells generated controversy earlier this year; can the same be said about associate bonuses?
Can you believe the emails that went around internally at DLA Piper about this client's legal bill? Check them out -- along with news of lateral partner moves.
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What is the new market rate for Supreme Court clerkship bonuses? It's pretty darn high -- you could buy a house with this number....
January is generally a popular time for partner moves, and energy lawyers are popular people. Right now their practice area is as hot as New York City is cold. As you may recall, this time last year a slew of energy attorneys moved from McDermott to Cadwalader. We've recently received word that at least two prominent partners in the energy space are switching firms. Let's find out who they are and where they are heading....
In our recent post on the top 10 most generous large law firms, the firm of Hogan Lovells placed second. Under the rankings, this meant that Hogan partners are taking the second-biggest hit to their own bottom lines in order to keep their associates happy and well-compensated. But is this still the case today? Based on what we're hearing about the most recent Hogan bonuses, one wonders whether the Ho-Love partners have turned from Santas into Scrooges....
He was clearly the salesman-in-chief, and he did a darn good job at it. I remember being told that despite the fact that the economy was essentially collapsing around everyone’s heads, 2008 was going to come in well over budget with record revenues and profits. — Andrew Ness, former managing partner of the D.C. office […]
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Say hello to the Global 100 for 2011. This is the American Lawyer's list of the world's 100 largest law firms, ranked by total revenue. Lawyers are a competitive lot. So you're probably less interested in the overall figures than in how different firms fared in the rankings....
* “Dominique Strauss-Kahn Gets Off, As Did Everyone Else Who Stayed In His Room At The Sofitel.” Or: what you don’t want to know about your high-end hotel room. [Dealbreaker] * F**k yeah — trademark law! Or: some reflections on the “immoral or scandalous” bar to trademark registration, by fashion lawyer Chuck Colman. [Law of […]
Every day that major law firms do not announce spring bonuses makes them look like below-market, “non-peer” institutions. It has become very clear that firms claiming to pay market compensation need to be providing spring bonuses. The latest firm to yield to market realities is Hogan Lovells. The relatively new Ho-Love, formed by the merger […]
Last week, Hogan Lovells announced its associate bonuses. It’s the first bonus season for the firm since the merger of Hogan & Hartson and Lovells. Unfortunately for some associates, the transatlantic deal apparently did not pay off for them at bonus time. The memos are individualized, but the associates who have reached out to Above […]
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The prior reports of additional payments to some associates at Hogan Lovells, designed to reward these associates for making their billable-hours targets, were accurate — at least with respect to the New York office. And it turns out that these payments constitute what in ATL-speak we call “true-up payments” — i.e., payments designed to give […]
Last Wednesday, the firm of Hogan Lovells — formerly known as Hogan & Hartson, before its recent merger with U.K.-based Lovells — made an announcement about associate salaries. So what went down?
Supermodel Linda Evangelista famously quipped that she doesn’t wake up for less than $10,000 a day. Alas, not all models occupy such a privileged position. This summer, one model is getting out of bed for considerably less than $10,000 a day — to wit, about $3,000 a week. Sara Albert, who made it to the […]
One merger is an accident. Two mergers … well, that could be a trend. The merger of Hogan & Hartson and Lovells is in the books. The new firm is up and running, and it’s already saying goodbye to people. The Blog of the Legal Times reports that Hogan Lovells had some departures over the […]
Not everybody from Lovells will be jumping on the Ho-Love bandwagon this May. Legal Week reports that Lovells will close its Chicago office: Lovells is set to shut down its Chicago office by the end of October following a strategic and financial review of its business. The office, which has seven partners and 15 fee […]