In-house legal departments are continuing to snag young, talented attorneys from BigLaw firms in spite of a pay gap accentuated by a recent spate of associate raises, with nonmonetary perks luring associates away from law firms and into corporations. Here, three nonmonetary perks that lure associates away from law firms and into corporations.
Gaining prestige may be one of the more challenging tasks that law firms take on, but there are a number of tactics firms can use that hold the potential to transform their image from ordinary to elite. Here, experts highlight four ways law firms can pump up their prestige.
Classes on blockchain and artificial intelligence. Crash courses in business and financial markets. These are a few ways law schools are preparing students for a job market that is struggling in the wake of the recession.
Caught in a whirlwind of firm dissolutions and layoffs, thousands of associates were thrust into one of the worst job markets in history a decade ago. While some have rebounded, others are still feeling the lingering effects of the financial crisis on their careers.
This week, as Valentine's Day approaches, Law360 takes a look at five couples whose careers couldn't preempt the laws of attraction. Today's powerful pairing: Proskauer Rose LLP's Gregory Rasin and Elise Bloom.
Sen. Charles Schumer, D-N.Y., and Rep. Chris Van Hollen, D-Md., on Thursday unveiled the framework for legislation in Congress that will attempt to counter the U.S. Supreme Court's explosive Citizens United ruling by putting new limits on corporate expenditures for political speech.
The recent lawsuit by the U.S. Equal Employment Opportunity Commission against Kelley Drye & Warren LLP over its mandatory retirement policy may have some firms taking a hard look at this long frowned-upon practice. And while scrapping the policy could be disastrous for some firms, others are well-positioned to reap significant benefits from the change.
Orrick Herrington & Sutcliffe LLP has revealed how much it is paying its associates in merit-based bonuses for 2009, offering a rare glimpse into the mechanics of alternative compensation schemes as more firms shift away from lockstep pay.
Raymond J. Lohier, the former Cleary Gottlieb Steen & Hamilton LLP associate who currently heads the Securities and Commodities Fraud Task Force for the U.S. Attorney’s Office for the Southern District of New York, has been recommended for the U.S. Court of Appeals for the Second Circuit.
This week, as Valentine's Day approaches, Law360 takes a look at five couples whose careers couldn't preempt the laws of attraction. Today's powerful pairing: Bingham McCutchen LLP's Jordan Hershman and Choate Hall & Stewart LLP's Diana Lloyd.
This week, as Valentine's Day approaches, Law360 takes a look at five couples whose careers couldn't preempt the laws of attraction. Today's powerful pairing: EpsteinBeckerGreen's Ronald and Frances Green.
Bingham McCutchen LLP reportedly has released the details of its hybrid compensation plan of lockstep base pay plus merit bonuses for associates for 2010, months after the firm told its lawyers it would be shifting to such a system.
Spurred by last year's announcement that U.S. News and World Report magazine is planning to rank law firms the way it ranks law schools, the American Bar Association has decided to study the way such rankings are compiled.
While most of the criticism leveled at the U.S. Supreme Court's Citizens United ruling has focused on its effect on high-profile campaigns, some critics — including former Justice Sandra Day O'Connor — say its impact may be greatest on state judicial elections, and there appears to be little states can do about it.
The U.S. Senate voted unanimously Tuesday to confirm U.S. District Judge Joseph A. Greenaway Jr. to fill a vacancy on the U.S. Court of Appeals for the Third Circuit.
With the news that Mintz Levin Cohn Ferris Glovsky and Popeo PC is scaling back 2010 associate start dates to 2012, some speculate that law firms may increasingly dole out lower-level work to contract attorneys instead of associates.
The legal market showed signs of stabilization in the fourth quarter of 2009, but demand for services continues to remain light when compared with historic levels, according to a new report.
This week, as Valentine's Day approaches, Law360 takes a look at five couples whose careers couldn't preempt the laws of attraction. Today's powerful pairing: King & Spalding LLP's Paul Andre and Lisa Kobialka.
A judge's race or gender can have a significant impact on the outcome of cases involving racial or sexual harassment allegations, two recent studies suggest, prompting questions from judges and scholars about exactly how those reports should be used and interpreted.
Following numerous internal complaints, Vinson & Elkins LLP has reportedly increased the size of its merit-based bonuses, particularly to associates outside of New York.
Did you hear the one about the lawyer who asked the judge to postpone a trial so he could catch a football game? Or the one who read his brief, word for word, to the whole courtroom? How about the one where the lawyer dissed Cornell University Law School — only to discover it was the judge's alma mater?
This week, as Valentine's Day approaches, Law360 takes a look at five couples whose careers couldn't preempt the laws of attraction. Today's powerful pairing: Katten Muchin Rosenman LLP's Meryl Wiener and Latham & Watkins LLP's Barry Bryer.
President Barack Obama has nominated four people to serve as federal judges in four different district courts around the U.S.
The economic recession is undoing the diversity gains the legal profession has made in past decades by drying up funds for diversity initiatives, according to a new report.