By Dan Roe | February 4, 2025
Partners’ disclosures about portable business and overall market conditions will influence upcoming transitions away from guaranteed compensation.
By Andrew Maloney | February 3, 2025
Elite law firms are targeting lateral partner groups who can increase the firm’s wallet share with existing, significant clients.
By Andrew Maloney | January 28, 2025
Some partners last year "doubled their book of business, and not just from $20 to $40 million, but $60 to $120 million," noted Blane Prescott. "More firms are struggling with: what should the top be?”
By Dan Roe and Samson Amore | January 27, 2025
After an executive order signaled a crackdown on the very principle of DEI, law firms are considering ways to ensure that programs focused on inclusion don't come off as exclusionary to some.
By Andrew Maloney | January 24, 2025
Many firms are increasingly implementing strategies such as clawbacks and deferred compensation to discourage partners from leaving, noted legal recruiter Mike Parrillo.
By Amanda O'Brien | January 22, 2025
Recruiters and observers in the market compared Kirkland’s move into Philadelphia with Goodwin Procter’s 2023 entry.
By Andrew Maloney | January 16, 2025
When it comes to compensation raises for counsel, they can end up in “no man’s or no woman’s land,” said Jeff Lowe at CenterPeak.
By Patrick Smith | January 14, 2025
Partners from Latham, Proskauer, Kirkland, Morrison Foerster and Skadden say they are optimistic about 2025, citing activity around data centers, infrastructure and other elements of the market.
By Andrew Maloney | January 14, 2025
Pay for nonequity partners can approach or overlap with compensation of senior associates, counsel as well as some equity partners, firm leaders and consultants say.
By Andrew Maloney | January 13, 2025
While partner bonuses remain a strong and flexible tool to reward lawyers, the more firms lean on them, the more likely it is they can cause confusion or dismay, some observers say.
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