
A Law Degree Isn’t Always A Ticket To Riches
Sure, you can pay down your debt, but not much else.
Sure, you can pay down your debt, but not much else.
What story do these numbers tell?
Here’s What The Best Ones Are Doing Differently.
Another pay raise is possible; another recession is likely.
Happy happy, joy joy! What does the new Cravath pay scale look like?
What should the new starting salary be, and how should pay rise with seniority?
Some speculation as to when this blessed event might happen.
A survey of professionals reveals the impact of legal work, clients, concerns, and future roles.
In figuring out which Biglaw firm will bring us the next pay raise, it's important to consider the concept of leverage.
A Biglaw pay raise will happen (someday); when it does, who will be the first mover?
The halls of Biglaw are abuzz with talk of a possible base salary increase; here's the case in favor.
Another salary bump sets the market in one corner of the legal world.
Discover how to gain more control over your firm’s finances and unlock smarter growth strategies—take a quick financial visibility quiz designed for law firms.
Stay tuned for a possible influx of more cold, hard cash in your paychecks, U.S. associates. Be sure to check the UPDATE to this report.
* “The top is eroding and the bottom is growing." Even as class sizes get smaller and tuition gets lower, the law school brain drain continues. America's best and brightest won't be fooled into studying law when the job market is still so unstable, but others have been. [Bloomberg] * Attorneys for California's sex workers have filed suit to overturn the state's ban on prostitution, claiming that "[t]he rights of adults to engage in consensual, private sexual activity (even for compensation) is a fundamental liberty interest." Yeah, okay. [AP] * “The simple story is that $160,000 as a starting salary at large law firms is less prevalent than it was immediately prior to the recession." You can scream "NY TO 190K!" all you want, but starting salaries have remained flat. Sowwy. [DealBook / New York Times] * U.S. Attorney Preet Bharara of the Southern District of New York has involved himself in an "escalating war of words" with members of the federal judiciary that he may come to regret. Will this “petulant rooster" be able to kiss and make up? [New York Times] * Per a recently filed lawsuit, Alex Rodriguez of the Yankees still hasn't paid a single law firm for their representation in the Biogenesis case. He allegedly owes Gordon & Rees $380,059 in unpaid fees. Come on, A-Rod. You've got the cash. [New York Daily News] * Infamous plaintiffs' attorney Steven Donziger of the $9.5 billion Chevron / Ecuador kerfuffle decided that if he can't win his case in a court of law, he might as well try to win it in the court of public opinion. Check out his side of the story. [Law360 (sub. req.)]
Are these the law schools that'll give you the best headstart in life?
Did this firm forget that money is the best motivator of all?
* If the Dewey & LeBoeuf criminal defendants end up going to trial, it’s fair to say the star witnesses in the case will be those who’ve already pleaded guilty — all seven of them. [Am Law Daily] * Biglaw firms are constantly shrinking in size, leaving many office buildings wide open. Landlords are desperate to put asses in seats, so it’s kind of like law school. [Washington Post] * “A judicial post is not an hereditary position.” There’s nepotism, and then there’s nepotism, and this Georgia judge is really trying to keep it all in the family. He’s basically ensured that his seat on the bench will go to his daughter. [Daily Report (reg. req.)] * Let’s keep the rankings party going with an infographic about job rates and median starting salaries. Law schools tied for first place with $160K Biglaw salaries: 21. Not shocked. [U.S. News & World Report] * The family of Danielle Thomas, the woman who was murdered by indebted law school grad Jason Bohn, is suing the NYPD with claims that the police ignored her calls for help. Sad. :( [New York Post]