Biglaw Firm Finds Out Not Money Laundering Isn’t Enough
Safety measures matter.
Simpson Thacher’s Gift To Associates Goes Over Like A Lead Balloon
The irony was just too much to bear.
The Law Firm’s Guide To Trust Accounting And Three-Way Reconciliation
Proper trust accounting and three-way reconciliation are essential for protecting client funds and avoiding serious compliance risks. In this guide, we break down these critical processes and show how legal-specific software can help your firm stay accurate, efficient, and audit-ready.
One Of Biglaw’s Top Firms Enters The Bonus Races With A Match
Congrats, associates!
Top 20 Firm Shares The Love — Money, That Is — With Hardworking Associates
What's better than one raise? TWO!
Top 20 Biglaw Firm Adopts Davis Polk Salary Scale, Includes London Associates
We're going international with these raises now.
Simpson Thacher’s Bold Plan For Summer Associates
The firm wants law school students to give back.
No, Simpson Thacher Didn’t Forget About Associate Bonuses This Thanksgiving
Wonder no more about the Simpson bonuses!
Biglaw Giant Matches Associate Raises, PLUS Special Summer Bonuses!
Raises are nice, but raises plus special bonuses are even better.
Book Of Business: Meet A Simpson Thacher Partner
Why did Simpson Thacher enter Houston, and how is its office faring in that market?
Morning Docket: 08.23.16
* We're very sorry about this, reporters, but Simpson Thacher & Bartlett partner Jeffrey E. Ostrow is not Ryan Lochte's lawyer. Stop contacting him seeking comments about Lochte's Olympic misdeeds. Get in touch with Jeffrey M. Ostrow of Kopelowitz Ostrow with your inquiries instead. [WSJ Law Blog] * Per a new report, President Enrique Peña Nieto of Mexico pulled off what Vice President Joe Biden did back in his law school days by allegedly plagiarizing about a third of his law school thesis, chalking it up to some "style errors." We'll have more on this later today. [New York Times] * Transgender children, teenagers, and young adults returning to school will have one more thing to be anxious about now that an Obama administration policy that would have allowed them to use the bathrooms and locker rooms of their choice has been blocked by a nationwide injunction. This issue may wind up before SCOTUS. [Reuters] * As it turns out, it's not just King & Wood Mallesons that's been holding off on paying profit distributions to partners. London-based Ashurst has also forced partners to wait to receive their quarterly due, citing a double-digit percentage drop in annual revenue and profits per equity partner careening to an 11-year low. Ouch! [Law.com] * Many first-year law students are kicking off their law school careers this week, and they seem to be very nervous. First things first: Calm down, and take a deep breath. Here are some tips and tricks to help you out as you try to adjust to your new lives in the hallowed halls of law schools across the country. :) [Law Admissions Lowdown / U.S. News]
Why Law Firms Are Moving Beyond The Billable Hour
Explore 5 expert-backed reasons law firms are rethinking the billable hour and how legal billing software is leading the way.
Legal Fee Voyeurism: Gawking At Gawker’s Lawyer Bills
The embattled media company has hired high-priced talent to help it through its troubles.
Move Over Wachtell, There’s A New Firm At The Top — Vault Top 100 Firms (2017)
There's a new most prestigious firm in town.
Simpson Thacher Finally Announces Its New Salary Scale
Many people hoped this firm would beat the new market scale for Biglaw salaries. Were their prayers answered?
NY To $190K: An Addendum On Leverage
In figuring out which Biglaw firm will bring us the next pay raise, it's important to consider the concept of leverage.
NY To $190K: Who Will Lead The Charge?
A Biglaw pay raise will happen (someday); when it does, who will be the first mover?