Biglaw Partners Had A Very Profitable 2023
Above The Law
MAY 1, 2024
The post Biglaw Partners Had A Very Profitable 2023 appeared first on Above the Law. Biglaw's doing just fine.
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That’s A Whole Lotta Nonequity Partners
Above The Law
MARCH 28, 2024
Partners -- of the nonequity variety -- are soaring at this firm. The post That’s A Whole Lotta Nonequity Partners appeared first on Above the Law.
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Welcome To The ‘Kirklandization’ Of Biglaw, Partners!
Above The Law
MARCH 26, 2024
The post Welcome To The ‘Kirklandization’ Of Biglaw, Partners! Nonequity partnership tiers are getting bigger and bigger in Biglaw. appeared first on Above the Law.
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Former Income Partner Sues Defunct Firm, Alleging Pension Scam By Equity Partners
Above The Law
FEBRUARY 13, 2024
This ex-partner claims that as the firm was failing, pension contributions were being used to pay shareholders. The post Former Income Partner Sues Defunct Firm, Alleging Pension Scam By Equity Partners appeared first on Above the Law.
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Streamlining Your Success: How to Efficiently Scale Your Paralegal Career
Speaker: Jacqueline R. Jackson, J.D. - Litigation Paralegal at Morgan & Morgan
Learn to efficiently streamline your workflow, become confident in your work, and operate as a partner rather than an employee.
Law Firm Partners Made BANK Last Year And There’s Nothing Clients Can Do About It
Above The Law
APRIL 23, 2024
Partners saw big increases in their rates last year. The post Law Firm Partners Made BANK Last Year And There’s Nothing Clients Can Do About It appeared first on Above the Law. And got paid for them.
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The Journey From Associate To Partner: Navigating New Waters
Above The Law
APRIL 12, 2024
Congratulations on being a new partner! The post The Journey From Associate To Partner: Navigating New Waters appeared first on Above the Law.
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How To Select A Responsible AI Business Partner [Sponsored]
Above The Law
APRIL 4, 2024
Law firms should partner with responsible tech companies that consider real-world implications and avoid bias, according to experts. When evaluating legal AI partners, consider these key indicators of professional responsibility. The post How To Select A Responsible AI Business Partner appeared first on Above the Law.
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Top-Performing Partners To Get Mega Bonuses At This Biglaw Firm
Above The Law
MARCH 29, 2024
Paying partners is a priority. The post Top-Performing Partners To Get Mega Bonuses At This Biglaw Firm appeared first on Above the Law.
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Biglaw Firm’s Managing Partner Unexpectedly Gives Up Leadership Role
Above The Law
MARCH 14, 2024
The post Biglaw Firm’s Managing Partner Unexpectedly Gives Up Leadership Role appeared first on Above the Law. His resignation from the leadership role was quite abrupt.
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Profits Per Partner Saw Notable Increase Last Year
Above The Law
FEBRUARY 5, 2024
It's a good time to be an equity partner. The post Profits Per Partner Saw Notable Increase Last Year appeared first on Above the Law.
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Biglaw Partner Suffered From ‘Acute Mental Health Crisis’ Before Her Tragic Death
Above The Law
FEBRUARY 27, 2024
The post Biglaw Partner Suffered From ‘Acute Mental Health Crisis’ Before Her Tragic Death appeared first on Above the Law. Her husband said that her work had become 'all-consuming.' Our condolences to her family, friends, and colleagues during this extremely difficult time.
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This Biglaw Firm’s Baby Boom Among New Partners Is No Coincidence
Above The Law
MARCH 22, 2024
The post This Biglaw Firm’s Baby Boom Among New Partners Is No Coincidence appeared first on Above the Law. Almost everyone in this firm's new partnership class has a newborn baby.
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Latham Increases Its Partner Bonus Pool To 15% To Keep Rainmakers Happy And Stave Off Lateral Moves
Above The Law
MARCH 27, 2024
Will other firms be able to afford to make similar changes to their partner bonus pools? The post Latham Increases Its Partner Bonus Pool To 15% To Keep Rainmakers Happy And Stave Off Lateral Moves appeared first on Above the Law.
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Bonuses structured as forgivable loans are being used for partner retention
ABA Journal
MARCH 28, 2024
Some law firms are using forgivable loans to retain valuable partners and keep newly promoted partners happy. New York recruiter Alisa Levin, a principal at…
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Breaking Open The Black Box Of Partner Compensation [Sponsored]
Above The Law
MARCH 8, 2024
The post Breaking Open The Black Box Of Partner Compensation appeared first on Above the Law. In the age of both shifting partnership structures with the rise of non-equity partnership ranks and mercurial and mysterious compensation formulas, approximating your business’s value on the open market is a daunting task.
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Nonequity Partners Are The Future Of Biglaw
Above The Law
DECEMBER 11, 2023
A lot of firms see income partners as a big part of their future plans. The post Nonequity Partners Are The Future Of Biglaw appeared first on Above the Law.
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Ex-Biglaw Partner Suspended From Practicing Law Over Side Solo Gig
Above The Law
JANUARY 8, 2024
Running your own firm while you're a Biglaw partner will cost you that Biglaw partnership and your ability to practice law. The post Ex-Biglaw Partner Suspended From Practicing Law Over Side Solo Gig appeared first on Above the Law.
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Law Professor Turned Congresswoman Earns Six-Figure Campaign Contribution From Law Firm’s Managing Partner
Above The Law
FEBRUARY 28, 2024
This law firm partner likes Rep. The post Law Professor Turned Congresswoman Earns Six-Figure Campaign Contribution From Law Firm’s Managing Partner appeared first on Above the Law. Katie Porter to the tune of $250K.
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Former Schnader Harrison partner sued for alleged secret videos
ABA Journal
APRIL 10, 2024
A former partner at the now-closed law firm Schnader Harrison Segal & Lewis is facing an amended lawsuit claiming that he made secret recordings with…
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Partner Parts Way With Firm — See Also
Above The Law
MARCH 14, 2024
The post Partner Parts Way With Firm — See Also appeared first on Above the Law. Northwest Law Ain't Perfect: There have been complaints of mismanagement, among other things, for years. Right Wing Mad They Can't Put Wrench In Legal Cogs As Easily: Sucks to suck, I guess. Goodbye, License!: Pour one out for Richard Liebowitz.
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Biglaw Firms Now Offering Rainmaker Partners Forgivable Loans To Prevent Them From Leaving
Above The Law
MARCH 20, 2024
The post Biglaw Firms Now Offering Rainmaker Partners Forgivable Loans To Prevent Them From Leaving appeared first on Above the Law. A little extra cash never hurts -- especially if it'll keep top rainmakers from heading to rival law firms.
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Biglaw Tax Partner Jailed For Tax Scheme
Above The Law
FEBRUARY 6, 2024
The post Biglaw Tax Partner Jailed For Tax Scheme appeared first on Above the Law. The former global head of tax was sentenced to 3 1/2 years in jail.
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Another Major Biglaw Firm Thinking About Ditching Lockstep Partner Compensation
Above The Law
JANUARY 11, 2024
The post Another Major Biglaw Firm Thinking About Ditching Lockstep Partner Compensation appeared first on Above the Law. All the better to attract top-end legal talent.
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Do Biglaw’s Long Hours Need A ‘Trigger Warning’? After The Death Of A Partner, This Lawyer Says Yes
Above The Law
APRIL 9, 2024
A partner's death is making lawyers reassess the long hours that are often required to complete the work at Biglaw firms. After The Death Of A Partner, This Lawyer Says Yes appeared first on Above the Law. The post Do Biglaw’s Long Hours Need A ‘Trigger Warning’?
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Biglaw Firm Names Its First-Ever Black Managing Partner
Above The Law
FEBRUARY 21, 2024
The post Biglaw Firm Names Its First-Ever Black Managing Partner appeared first on Above the Law. He joins a cadre of other Black law firm leaders, and has high hopes for more inclusion in the future.
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OGC’s Managing Partner On Why An Alternative Approach To The ‘Broken’ Billable Hour Is Needed
Above The Law
FEBRUARY 9, 2024
This firm's managing partner has the scoop on how law firms can offer a better billing model for corporate clients. The post OGC’s Managing Partner On Why An Alternative Approach To The ‘Broken’ Billable Hour Is Needed appeared first on Above the Law.
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Arnold & Porter Unveils Slightly Smaller New Partner Class
Law 360
DECEMBER 19, 2023
Arnold & Porter Kaye Scholer LLP revealed it was promoting nine partners and seven counsel on Monday in a partner class slightly smaller than last year's slate of 12 partners and nine counsel.
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The Real Story Behind Nonequity Partner Compensation
Above The Law
DECEMBER 12, 2023
The post The Real Story Behind Nonequity Partner Compensation appeared first on Above the Law. A look at the cash behind the title.
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Partners Seem Worried About How Biglaw Behemoth A&O Shearman Will Operate
Above The Law
FEBRUARY 9, 2024
The post Partners Seem Worried About How Biglaw Behemoth A&O Shearman Will Operate appeared first on Above the Law. There's growing anxiety over who will take the lead at the newly merged firm that's poised to be the third largest in the world.
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The Discouraging Reason Many Black Biglaw Partners Leave Their Firm
Above The Law
SEPTEMBER 13, 2023
Things aren't always better just because you make partner. The post The Discouraging Reason Many Black Biglaw Partners Leave Their Firm appeared first on Above the Law.
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7 Common Myths About Lateral Partner Moves
Law 360
FEBRUARY 29, 2024
As lateral recruiting remains a key factor for law firm growth, partners considering a lateral move should be aware of a few commonly held myths — some of which contain a kernel of truth, and some of which are flat out wrong, says Dave Maurer at Major Lindsey.
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This Top Biglaw Firm Is Going Against The Grain On Partner Compensation And Succeeding
Above The Law
JANUARY 23, 2024
While many other Biglaw firms are changing the ways they pay their partners, Covington is staying the course and coming out on top. The post This Top Biglaw Firm Is Going Against The Grain On Partner Compensation And Succeeding appeared first on Above the Law. No origination credits? No problem!
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No Longer A Rarity: More Partners Leave Cravath, Heading To Rival New York Firms
Above The Law
JANUARY 23, 2024
In what was once considered unheard of, partners are heading for the exits at Cravath. The post No Longer A Rarity: More Partners Leave Cravath, Heading To Rival New York Firms appeared first on Above the Law.
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Elite Boutique Firm Partner Departs For USAO Leadership Team
Above The Law
FEBRUARY 9, 2024
The post Elite Boutique Firm Partner Departs For USAO Leadership Team appeared first on Above the Law. Krieger Lewin continues streak of placing alumni at the U.S Attorney's Office.
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Biglaw Partner Blasts Employee As ‘Big Prick’ For Daring To Raise The Alarm Over Shady Client
Above The Law
MARCH 12, 2024
The post Biglaw Partner Blasts Employee As ‘Big Prick’ For Daring To Raise The Alarm Over Shady Client appeared first on Above the Law. The client was eventually jailed for money laundering, so.
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Biglaw Firms Planning To Expand Their Nonequity Partner Ranks In A Big Way
Above The Law
DECEMBER 8, 2023
Want to be a Biglaw partner in name only? The post Biglaw Firms Planning To Expand Their Nonequity Partner Ranks In A Big Way appeared first on Above the Law. Your firm has a plan for that.
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Biglaw Partner Neal Katyal Escapes Burning Man, Avoids Trench Foot
Above The Law
SEPTEMBER 5, 2023
The Biglaw partner is not your trench foot expert. The post Biglaw Partner Neal Katyal Escapes Burning Man, Avoids Trench Foot appeared first on Above the Law.
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Partners Need To Leave Stroock ASAP, Lest They Risk Their Profits
Above The Law
NOVEMBER 2, 2023
Get out before the dissolution, Stroock partners, because your money depends on it. The post Partners Need To Leave Stroock ASAP, Lest They Risk Their Profits appeared first on Above the Law.
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Biglaw’s Most Diverse Equity Partner Ranks
Above The Law
JULY 28, 2023
Industry wide, just over 11 percent of equity partners are diverse. The post Biglaw’s Most Diverse Equity Partner Ranks appeared first on Above the Law.
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Will Former Stroock Partners Ever See Their Capital Again?
Above The Law
DECEMBER 12, 2023
Former Stroock partners would love to know if they're going to receive a distribution of capital as part of the firm's wind-down process. The post Will Former Stroock Partners Ever See Their Capital Again? Their wallets are waiting. appeared first on Above the Law.
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Ex-Biglaw Partner Alleges ‘Toxic Boys Club Locker Room’ In Lawsuit
Above The Law
FEBRUARY 27, 2024
The post Ex-Biglaw Partner Alleges ‘Toxic Boys Club Locker Room’ In Lawsuit appeared first on Above the Law. The firm disputes the allegations.
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Hogan Lovells To Welcome Nearly 30 Partners From Stroock, Ahead Of The Firm’s Dissolution
Above The Law
NOVEMBER 9, 2023
The group of lateral partners from Stroock includes many who held leadership roles. More partners may join Hogan Lovells in the future. The post Hogan Lovells To Welcome Nearly 30 Partners From Stroock, Ahead Of The Firm’s Dissolution appeared first on Above the Law.
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