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A Deep Dive Into In-House Counsel Pay
Total compensation packages for in-house counsel at different levels of the typical corporate legal department can vary significantly. Find out how corporations are leveraging salaries, bonuses and other incentives to attract top talent.
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For In-House Attys, Bonuses Come Easy, But Equity Less So
The vast majority of in-house counsel at all levels received pay bonuses in 2024, while a smaller share — but still a majority — received long-term incentives, according to a new survey.
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Law Firms Begin Upping The Ante For Associate Bonuses
Trial boutique Wilkinson Stekloff LLP is exceeding the year-end associate bonus scale set by Cravath Swaine & Moore LLP, announcing bonuses late Wednesday that are 150% of market.
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Law Firms' Share Of US Office Leasing Grows To 10.5%
The legal sector's presence in the broader U.S. office leasing market grew to 10.5% in the third quarter — over double what it was about seven years ago — with Moore & Van Allen PLLC and Latham & Watkins LLP signing three of the biggest deals, according to a Wednesday report from Savills.
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Pillsbury Asks 2nd Circ. To Guard $4M Client Fee From SEC
Pillsbury Winthrop Shaw Pittman LLP on Wednesday urged the Second Circuit to allow it to keep a $4 million advance payment retainer from the since-convicted former CEO of a bankrupt cybersecurity company, but the law firm conceded it should have clarified its rights after the government sought an asset freeze.
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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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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."
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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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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.
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Conn. Atty Fined $500 For AI-Generated Errors In Wage Suit
In an order that noted an attorney's remorse, a Connecticut federal judge sanctioned a solo practitioner $500 this week for submitting a brief packed with false, AI-generated case citations, finding the fake authorities wasted court resources, risked misleading a pro se litigant and undermined trust in the judicial system.
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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.
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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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Gibson Dunn Seeks Exit From Josh Cellars TM Royalties Case
With a February trial date looming, Gibson Dunn & Crutcher LLP has asked a Connecticut state judge's permission to stop representing the former president of a company behind the popular "Josh Cellars" wine brand, claiming unpaid legal bills and an alleged breakdown of the attorney-client relationship require its withdrawal.
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Law360 Pulse Spotlight On Mid-Law Work
Potter Anderson's representation of Pfizer in a suit against Novo Nordisk and Burr & Forman's work on a $500 million joint partnership lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Oct. 31 to Nov. 14
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McDermott Leads Firms Riding PE Wave To Choppy Waters
McDermott Will & Schulte's confirmation that it is considering taking investment from private equity is part of a wider wave of law firms of all sizes actively exploring the novel maneuver amid mixed opinion as to whether it makes sense for BigLaw.
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Law360's Legal Lions Of The Week
Sidley Austin LLP and Orrick Herrington & Sutcliffe LLP lead this week's edition of Law360 Legal Lions, after a Washington federal jury cleared Novo Nordisk of allegations that it defrauded the state's Medicaid and Medicare systems by paying kickbacks and promoting off-label use to illegally boost prescriptions of its hemophilia drug NovoSeven.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry had another busy week with more lateral hires and leadership changes, and one BigLaw firm exploring private equity investments.
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Coalition Rips Trump Deputy AG's Claim Of 'War' With Judges
A group of former federal judges on Thursday condemned what they called "inflammatory remarks" last week by Deputy U.S. Attorney General Todd Blanche detailing the U.S. Department of Justice's "war" with "rogue activist" judges.
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Hurwitz Sagarin Returns To Litigation Roots With Rebrand
Hurwitz Sagarin Slossberg & Knuff LLC, a firm led for years by a pair of onetime prosecutors and veteran trial lawyers, recently decided to get back to its roots and sharpen its focus on complex litigation following the departure of its land use team.