Law News
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May 01 2012
Speculation about the timing and amount of spring bonuses continues, after Sullivan & Cromwell’s announced relatively small bonus awards of between $1000 and $5000, or...
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Apr 27 2012
Quinn Emmanuel has become one of the first large law firms to announce the award of spring bonuses, and though the figures have not yet been released, a firm memo from...
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Jan 27 2012
Legal industry experts predict that large law firms will again award spring bonuses in 2012, following on from a trend begun in 2011, but that spring bonuses are...
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Jan 06 2012
California firm Irell & Manella has once again topped the bonuses awarded by standard setter Cravath Swaine & Moore. The firm released a memo saying that it would give...
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Dec 19 2011
US firm Davis Polk & Wardwell has announced its annual bonuses for associates, matching the rates set by Cravath Swaine & Moore last month
The Cravath bonus scale...
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Dec 17 2011
Washington lawyer Matthew Kluger pled guilty on Wednesday to securities fraud, obstruction of justice and other charges.
The charges maintained that over the...
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Dec 14 2011
Davis Polk & Wardwell has announced that it will match the bonus structure put forward by Cravath Swaine & Moore.
Like Cravath, Davis Polk's bonus scale begins...
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Dec 09 2011
Sullivan & Cromwell has announced that it will award year-end bonuses of the same size as were awarded last year, but sweetens the news by saying that associates can...
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Dec 06 2011
Proskauer Rose has announced that it will match the bonus scale set by Cravath Swaine & Moore. The level of these bonuses is considered to be down the lower end of the...
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Dec 01 2011
Skadden, Arps, Slate, Meagher & Flom has matched the 2011 bonuses offered by market leader Cravath, Swaine & Moore, all but ensuring a steady and predictable bonus...
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Jul 26 2011
California law firm Irell & Manella has announced that it will be paying mid-year bonuses to associates.
After being awarded bonuses that doubled the market...
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Jul 07 2011
The US governement’s top competition regulator Christine Varney is stepping down from her role at the Justice Department to become a partner at the New York law firm...
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May 17 2011
If you needed another ranking of the top US law firms, here it is. Corporate Board Member magazine and global business advisory firm FTI Consulting Inc asked US...
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May 16 2011
US firms are flocking to Hong Kong with 46 of the top 100 US firms (by revenue) having a presence in the city. In the past year firms such as Locke Lord Bissell &...
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Apr 21 2011
Texas based firm Vinson & Elkins, has announced that it will pay spring bonuses. The announced bonuses are below the scale set by Cravath Swaine & Moore:
• Class of...
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Apr 18 2011
Mayer Brown has jumped on the spring bonus bandwagon with the announcement that it will pay US-based associates according to the scale set by Cravath Swaine & Moore....
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Apr 13 2011
International firm Dechert has announced the award of spring bonuses to associates and counsel. The firm will pay qualifying associates in May, according to the...
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Apr 07 2011
Matthew H. Kluger, until recently a senior associate at the Washington office of Wilson Sonsini Goodrich & Rosati, has been charged with stealing confidential...
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Apr 06 2011
Gibson Dunn & Crutcher has taken the decision to grant spring bonuses to associates, matching the market with payments equal to those awarded by Cravath Swaine &...
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Mar 17 2011
Dewey & LeBoeuf has made the relatively late that it will pay spring bonuses at the top-of-market rate set by Cravath Swaine & Moore. These bonuses are additional to...
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Mar 01 2011
Cleary Gottlieb Steen & Hamilton has announced that it will be paying spring bonuses, following the scale set by Cravath Swaine & Moore.
The firm had previously...
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Feb 24 2011
Shearman & Sterling has announced that it will be paying spring bonuses in New York, following the scale set by Cravath Swaine & Moore for the spring payment.
As...
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Feb 21 2011
Slaughter and May is among the most profitable law firms in London, paying its 126 partners an average of £1.84m for their efforts despite posting sales at £439.5m,...
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Feb 16 2011
Freshfields Bruckhaus Deringer has awarded spring bonuses to its 82 US–based associates, following the lead set by Sullivan & Cromwell, Cravath, Swaine & Moore,...
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Feb 14 2011
Just one month after firms handed out their end of year bonuses, it seems that it is bonus time again. A number of firms have made announcements regarding ‘spring...
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Feb 10 2011
Morrison & Foerster has announced its spring bonuses for associates. Non-New York associates are set to see bonuses that loosely follows the Cravath, Swaine & Moore...
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Jan 25 2011
M&A partner James Woolery is set to leave Cravath Swaine & Moore to join the financial institution JP Morgan. Woolery will work alongside Christopher Ventresca at the...
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Jan 24 2011
Sullivan & Cromwell has announced a generous spring bonuses for its associates. The firm has decided to the 2010 year-end bonuses, announced in December, with a...
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Jan 06 2011
Vinson & Elkins did not forget their legal support staff when handing out end-of-year bonuses in December, and now the firm has announced that there will be an extra...
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Dec 24 2010
London-based firm Clifford Chance has announced that its US associates will receive bonuses of between $7,500 and $35,000 at the beginning of 2011. The bonus package...
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Dec 22 2010
Sidley Austin has announced that the number of associates receiving an end-of-bonus has increased by nearly 20%, and the total sum awarded for bonuses has increased by...
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Dec 20 2010
Debevoise & Plimpton has announced its 2010 associate bonuses, following a slew of large law firms to match the scale set by Cravath, Swaine & Moore.
The bonuses...
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Dec 20 2010
When Cravath, Swaine & Moore announced year-end bonuses of $7,000- $35,000, a host of other large law firms adopted the same bonus scale as a standard and followed...
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Dec 17 2010
This article takes a closer look at some of the decisions being made in this year’s partnership promotions round, asking what those decisions indicate about the...
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Dec 14 2010
The standard set by the Cravath Swaine & Moore end-of-year bonuses has been surpassed again, with Susman Godfrey - the 90 lawyer litigation boutique with offices in...
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Dec 14 2010
London-based law firm Clifford Chance has hired former Bank of America Corp investment banker Robert F. Masella as a mergers and acquisitions partner in New York....
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Dec 10 2010
Cahill Gordon & Reindel appears to be taking the lead on associate bonuses, breaking ranks with other law firms, who have largely followed the standard set by Cravath...
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Dec 08 2010
Dewey & LeBoeuf has announced bonuses for its US counsel and associates, with the firm essentially following the scale set by Cravath, Swaine & Moore.
The...
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Dec 07 2010
Akin Gump Strauss Hauer & Feld has announced its associate bonuses, adopting the Cravath, Swaine & Moore scale, at least in New York.
The Bonuses to be paid are as...
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Dec 03 2010
US firm Proskauer Rose has announced its 2010 bonuses, matching the scale set by Cravath, Swaine & Moore.
The details of the bonus package are still not available,...
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Nov 25 2010
Milbank Tweed Hadley & McCloy has announced the details of its associate bonus package, which matches the scale released by Cravath, Swaine & Moore some days ago....
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Nov 24 2010
Skadden, Arps, Slate, Meagher & Flom has announced the rate of bonuses to be received by associates, matching the figures announced a day earlier by Cravath, Swaine &...
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Nov 12 2010
Cravath Swaine & Moore is set to work pro bono for the city of Harrisburg, Pennsylvania, offering its bankruptcy to advise its city council concerning a potential...
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Sep 28 2010
Cravath, Swaine & Moore, Slaughter and May, Sidley Austin and Latham & Watkins have taken lead roles on the $3.7 billion all-cash acquisition of leading US hair...
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Sep 13 2010
Linklaters has hired counsel Mark Hageman, of Cravath Swaine & Moore, in order to boost their capability in the high-yield market.
High-yield specialists seem to...
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Aug 11 2010
The New York Law Journal has published some good news for law school graduates. Columbia Law School has reported that their second-year students have secured 8 per...
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Jul 06 2010
Cravath Swaine & Moore will say goodbye to senior partner Francis Barron who, after 32 years with the firm, is set to take the helm of the legal department at Morgan...
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Jun 22 2010
Six firms have advised on the $3.2 billion merger between Biovail, Canada's largest public pharmaceutical company, with California-based Valeant Pharmaceuticals....
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May 18 2010
Some interesting figures arise from The Lawyer’s Transatlantic Elite report, such as the fact that Freshfields Bruckhaus Deringer has posted the industry’s highest...
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Mar 22 2010
A number of firms posted record profit per partner figures in 2009, despite a difficult economic climate. And while many of them boosted profits by paring back their...
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Dec 15 2009
Cravath, Swaine & Moore offered the incoming class of associates $80,000 to not work, plus benefits and student-loan payments.
According to the Wall Street Journal,...
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Nov 05 2009
A trio of US firms have taken lead roles on Berkshire Hathaway's $34bn (£20.6bn) acquisition of a 77% stake in railway operator Burlington Northern Santa Fe (BNSF),...
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Nov 03 2009
For the second year in a row, one of New York's leading BigLaw firms has cut associate bonuses Cravath Swaine & Moore will pay associates bonuses of $7,500 to $30,000...
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Oct 15 2009
Bruce Wasserstein, a onetime corporate lawyer at Cravath Swaine & Moore who became a deal king and law media mogul has died a few days after being hospitalized for an...
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Sep 29 2009
Simpson Thacher & Bartlett, Cravath Swaine & Moore and Ropes & Gray won roles on Xerox's $6.4bn purchase of business process outsourcing company Affiliated Computer...
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Aug 26 2009
Wachtell, Lipton, Rosen & Katz is the most prestigious law firm according to Vault’s law firm rankings by law firm associates, defending its No. 1 spot for the seventh...
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Jul 23 2009
Simpson Thatcher & Bartlett, Cravath Swaine & Moore and Bredin Prat have advised on private equity giant Kohlberg Kravis Roberts & Co's (KKR's) merger with its...
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Jun 18 2009
Most of the top US law firms are currently not deferring associates despite the financial crisis.
According to the AmLaw Daily, Wachtell, Lipton, Rosen and Katz;...
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Aug 16 2008
The top 10 firms as ranked in the Vault Guide to the Top 100 Law Firms are:
1. Wachtell, Lipton, Rosen & Katz (New York, NY)
2. Cravath, Swaine & Moore (New York,...
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