New York Pulse


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    BigLaw Begins To Fall In Line With Cravath Bonuses

    Fried Frank Harris Shriver & Jacobson, McDermott Will & Schulte LLP and Dechert LLP are among the law firms following the lead of Cravath Swaine & Moore LLP on year-end associate bonuses this week, with at least five large firms matching the market leader within a day of Cravath's Tuesday announcement.

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    Compensation Report: A Deep Dive Into GC Pay

    Law360 Pulse went beyond the numbers to examine how industry, law firm experience and education shape the pay of top-earning S&P 500 general counsel. Here's what we found.

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    These Are The Legal Chiefs Who Command Top Dollar

    While the pay packages for most legal leaders in the corporate space remains strong — especially because of hefty stock awards and bonuses — there are large gaps in compensation even among the top 10 earners in the U.S.

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    Everything You Need To Know About GC Pay

    Find out which S&P 500 general counsel earns the most and how pay differs across industries. Explore every detail in our interactive compensation graphic.

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    Law Firms Struggle To Keep Partners Amid Lateral Boom

    The number of lateral moves for associates, counsel and partners seeking greener pastures is outpacing last year, which is both good and bad news for legal employers, according to law firm leaders and search firms.

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    Proskauer Hires IP Litigator From O'Melveny In NY

    Proskauer Rose LLP announced that it has hired a former O'Melveny & Myers LLP litigator who holds a doctorate in organic chemistry and advises on the full spectrum of intellectual property matters.

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    Pillsbury Winthrop Latest Firm Targeted By Data Breach Suit

    Pillsbury Winthrop Shaw Pittman LLP on Tuesday was hit with a proposed class action stemming from a data breach the firm says happened in April, adding to the growing litigation firms are facing in the aftermath of cyberattacks.

  • Reed Smith Can't Represent Eletson By 'Repeated Incantation'

    A New York federal judge on Tuesday rejected Reed Smith LLP's latest effort to intervene on behalf of the purported former owners of international shipping company Eletson Holdings in Eletson's $102 million breach-of-contract litigation with rival Levona, saying the firm can't represent the holding company post-bankruptcy "by repeated incantation."

  • Cravath Unveils Associate Bonuses, Multiple Firms Follow

    Multiple firms swiftly fell in line Tuesday evening just hours after Cravath Swaine & Moore LLP announced associate bonuses in line with those offered last year, continuing a long tradition of BigLaw firms following Cravath's lead on compensation.

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    After Merger, Troutman Pepper Locke Elects 20 New Partners

    In its first partner class since the merger of Troutman Pepper Hamilton Sanders LLP and Locke Lord LLP at the beginning of the year, the newly combined Troutman Pepper Locke announced Tuesday it would be elevating 20 attorneys to the firm's partnership in January.

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    Law Firms Being Tested With Associate Performance Reviews

    Eighty-three percent of U.S. and Canadian associates receive a yearly annual review, but there is room for improvement in how law firms evaluate their attorneys' performance, according to a new study.

  • NY AG James Blasts 'Outrageous Conduct' Behind Indictment

    New York Attorney General Letitia A. James has told a Virginia federal court to dismiss the U.S. government's indictment of her, calling it "patently unconstitutional" and "outrageous conduct."

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    Citing 'Retention Crisis,' New York State's DAs Seek $5M

    The District Attorneys Association of the State of New York said in a letter to Gov. Kathy Hochul on Tuesday that its offices across the state are experiencing a "recruitment and retention crisis," requesting $5 million in funding for a program to address it.

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    Billable Hours Still Drive Atty Bonuses. Is Change Coming?

    The primary factor determining whether a law firm associate receives a year-end bonus is not individual performance, firm performance, or firm citizenship. Instead, it is the number of billable hours they've logged, according to the results of a new survey from Law360 Pulse.

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    Client Book Remains Key To Nonequity Partner Pay

    The nonequity partner tier is expanding across law firms, but compensation within this group varies widely, ranging from associate-level pay to earnings on par with equity partners. A deciding factor in where they fall on the scale, experts say, is often who brings in the clients.

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    A Deep Dive Into Law360 Pulse's Survey Of Law Firm Pay

    Most lawyers say they’re satisfied with their compensation— but at firms that are open about pay, satisfaction nearly doubles. Explore our latest analysis of law firm compensation practices and what drives top talent.

  • Judge Upholds NY Law Blocking ICE Courthouse Arrests

    New York beat back a federal lawsuit challenging the state's policy barring immigration officials from arresting people near its courthouses, after a federal judge rejected the U.S. Department of Justice's preemption claims.

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    Perkins Coie's Trump Fight Doesn't Scare Off UK Suitor

    Perkins Coie LLP's ongoing fight with the Trump administration did not deter a proposed combination with British law firm Ashurst, signaling that the legal community is not worried about fallout from the president's suspension of the firm's security clearances.

  • Davis Polk Hires Sports Leader In New York From Proskauer

    Davis Polk & Wardwell LLP announced that its mergers and acquisitions group has added a former Proskauer Rose LLP attorney who will also lead the firm's sports practice.

  • Shell Asks NY Court To Approve Challenge Of LNG Arbitration

    Oil and gas giant Shell is urging a New York state court to vacate an international arbitration award issued to a liquefied natural gas firm, saying the arbitral hearing revealed that the American producer and exporter withheld key documents in the parties' fight over LNG cargo shipments.

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    Law Firm Growth Driven Mostly By Rate Increases In 2025

    Increasing demand and especially rising billing rates have made for a strong first nine months of 2025 for the legal industry, according to a report released Monday by Wells Fargo's Legal Specialty Group, with the top 50 firms by revenue seeing the best performance.

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    Women Joining Boards Dips As Transparency Plunges

    Public reporting on the race and gender of board members is plummeting across corporate America, as the number of women directors starts to decline and racial diversity plateaus, according to a new report from The Conference Board.

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    UK Firms Drive Transatlantic Appetite For M&A Dealmaking

    The merger announced Monday between British legal giant Ashurst LLP and American law firm Perkins Coie LLP is the latest in a spate of deals driven, in part, by an appetite among global firms to gain a strong presence in the U.S.

  • Fired Atty Says Debevoise Can't Force Arbitration Of ADA Suit

    An attorney who accused Debevoise & Plimpton LLP of unlawfully refusing to rehire him because he took protected medical leave has urged a New York federal court not to dismiss his suit or send it before an arbitrator, arguing an arbitration provision in an earlier settlement does not apply to new claims.

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    Ashurst, Perkins Coie To Form $2.7B Giant In US-UK Deal

    The U.K.'s Ashurst LLP and U.S.-based Perkins Coie LLP said Monday that they have agreed to merge to form a new firm with combined revenue of $2.7 billion, the latest in a string of transatlantic law firm tie-ups.

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Expert Analysis

  • Advice For Summer Associates Uneasy About Offer Prospects Author Photo

    There are a few communication tips that law students in summer associate programs should consider to put themselves in the best possible position to receive an offer, and firms can also take steps to support those to whom they are unable to make an offer, says Amy Mattock at Georgetown University Law Center.

  • How Law Firms Can Cautiously Wield AI To Streamline Tasks Author Photo

    Many attorneys are going to use artificial intelligence tools whether law firms like it or not, so firms should educate them on AI's benefits, limits and practical uses, such as drafting legal documents, to remain competitive in a rapidly evolving legal market, say Thomas Schultz and Eden Bernstein at Kellogg Hansen.

  • Keys To Managing The Stresses Of Law School Author Photo

    Dealing with the pressures associated with law school can prove difficult for many future lawyers, but there are steps students can take to manage stress — and schools can help too, say Ryan Zajic and Dr. Janani Krishnaswami at UWorld.

  • Can Mandatory CLE Mitigate Implicit Bias's Negative Impacts? Author Photo

    Amid ongoing disagreements on whether states should mandate implicit bias training as part of attorneys' continuing legal education requirements, Stephanie Wilson at Reed Smith looks at how unconscious attitudes or stereotypes adversely affect legal practice, and whether mandatory training programs can help.

  • Ditch The Frills And Start Writing Legal Letters In Plain English Author Photo

    To become more effective advocates, lawyers need to rethink the ridiculous, convoluted language they use in correspondence and write letters in a clear, concise and direct manner, says legal writing instructor Stuart Teicher.

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    Ask A Mentor: How Can I Negotiate My Separation Agreement? Author Photo

    Kate Reder Sheikh at Major Lindsey discusses how a law firm associate can navigate being laid off, what to look for in a separation agreement and why to be upfront about it with prospective employers.

  • DoNotPay Cases Underscore Hurdles For AI-Fueled Legal Help Author Photo

    Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.

  • For The Future Of Legal Practice, Let's Learn From The Past Author Photo

    At some level, every practicing lawyer is experiencing the ever-increasing speed of change — and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.

  • Why All Law Firms Should Foster Psychological Capital Author Photo

    Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.

  • A GC's Guide To Litigation, Inspired By Sun Tzu's 'Art Of War' Author Photo

    With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.

  • Mentorship Is Key To Diversity In The Legal Industry Author Photo

    Not only can effective mentorship have a profound impact on women and people of color entering the legal field, but it also benefits mentors and the legal profession as a whole, creating a true win-win situation for all involved, says Natasha Cortes at Grossman Roth.

  • ChatGPT Is A Cool Trick, But AI Won't Replace Lawyers Author Photo

    Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.

  • Pro Bono Work Is Valuable In IP And Continued Learning Author Photo

    The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.

  • Increasing Public Access To Legal Services: A Practical Plan Author Photo

    Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.

  • Priorities For Improving The Legal Industry In Texas Author Photo

    To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.

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