Associate Bonus Watch: Are D.C.-Based Firms ‘Cheap’?
This law firm is a great place to work, but associates would appreciate a little extra cash.
Where Are The Biglaw Bonuses? Associate Bonus Watch, Day 4
One major firm changes its bonus policy -- for the better.
The Hidden Threat: How Fake Identities used by Remote Employees Put Your Business at Risk—and How to Defend Against This
Based on our experience in recent client matters, we have seen an escalating threat posed by the Democratic People’s Republic of Korea (DPRK) information technology (IT) workers engaging in sophisticated schemes to evade US and UN sanctions, steal intellectual property from US companies, and/or inject ransomware into company IT environments, in support of enhancing North Korea’s illicit weapons program.
Associate Bonus Watch: 10 Leading Law Firms — Who’s Naughty And Who’s Nice?
A round-up of bonus news from 10 leading law firms.
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?
Morrison & Foerster Takes Berlin; Is Hogan Lovells Annoyed?
MoFo stole all of Ho-Love's partners in Berlin, and Ho-Love isn't happy about it.
Overbilling Gone Wild: Paying the (DLA) Piper
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.
Gen AI: Your Legal Research Assistant, Not Your Replacement
Here's how you can spend more time practicing law, and less time sorting, sifting, and summarizing.
New Punctuality Rules Give Law Firm A Totalitarian Feel
We didn't know law firms were taking attendance now....
Associate Bonus Watch: Hogan Lovells
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....
Quote of the Day: Lawyer, Poet, Salesman
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 […]
Keeping Up With the Cravathians: The Ten Most Generous (or Foolish?) Law Firms
Cravath is among the most profitable firms in the world. We thought it would be interesting to see what the implications of matching Cravath are for those firms with much lower profit margins. Which firms’ partners willingly take the biggest hit by keeping up? Are these firms arguably more “generous”? After the jump, check out those firms that pay the largest percentage of PPP in bonuses....
Why Better Financial Acumen is the Key to Law Firm Success in 2025
From training to technology, uncover the essential steps to futureproof your law firm in a competitive market.
Biglaw Perk Watch: Has the Gay Gross-Up Hit the Tipping Point?
It’s late October, so Biglaw bonus news could drop any day now. In 2010, Cravath didn’t kick off the season until November 22. But back in 2009, Cravath announced bonuses on November 2. And in 2007 — yes, the glory days, before the Great Recession — Cravath announced bonuses, regular and “special,” on October 29. […]
Non-Sequiturs: 08.24.11
* “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 […]
The Return of Staff Layoff Watch? Hogan Lovells Offers ‘Voluntary’ Separation Program
I feel like I’ve stepped into a time machine that has taken me all the way back to 2009. According to an internal memo obtained by Above the Law, the international law firm of Hogan Lovells is offering a voluntary separation program to U.S. staff. The memo, posted in full below, talks about needing to […]
Morning Docket: 05.18.11
* I was just asking myself, “What does Ben Stein think about the Dominique Strauss-Kahn case?” [American Spectator via Daily Intel] * The perp walk is illegal in France. It’s not clear from this article how the French view the crip walk. [Sacramento Bee] * Carl Icahn, the Blockbuster bankruptcy, insider-trading charges, and a golden […]
Associate Bonus Watch: Ho-Love Gives Bonus Love
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 […]