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Andrew Cuomo: Coming To A Biglaw Firm Near You?
abovethelaw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abovethelaw.com Daily Mail and Mail on Sunday newspapers.
Toxic Andrew Cuomo will struggle to find law firms who want him post-Albany
nationalpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalpost.com Daily Mail and Mail on Sunday newspapers.
So far, Kirkland hasn t missed a beat since a change at the top a little over a year ago. It is riding a deal-making boom, topping Wall Street bluebloods like Wachtell Lipton Rosen & Katz and running circles around Chicago competitors.
Can Jon Ballis, a lower-key successor to Jeffrey Hammes as chair, sustain the momentum as management of larger firms grows more complex? Kirkland has 2,900 lawyers, almost three times what it had 15 years ago, and it s not stopping there.
Kirkland s revenue gain in 2020 alone would put it among the top 100 U.S. law firms. Law firms of its ilk are benefiting from an anxious flight to quality. Profits per partner for the 100 largest were up 13 percent in last year versus 5 percent in 2019, according to the American Lawyer.
Trump advisers have returned to the Jones Day law firm
wiredprnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wiredprnews.com Daily Mail and Mail on Sunday newspapers.
Peloton bikes and shopping trips: How firms keep burnt-out workers
6 Apr, 2021 05:20 AM
4 minutes to read
Bosses seek to head off retention crisis by handing out gifts and bonuses to overworked junior staff. Photo / 123RF
Bosses seek to head off retention crisis by handing out gifts and bonuses to overworked junior staff. Photo / 123RF
Financial Times
By: Kate Beioley and Michael O’Dwyer
The world s top professional service firms and banks have sought to head off a retention crisis among overworked junior staff by handing out luxury gifts and generous bonuses, following a stellar year for earnings. Elite US law firms including Davis Polk & Wardwell and Simpson Thacher & Bartlett have in recent weeks announced one-off payouts of between US$12,000 ($17,000) and US$64,000 for associates in recognition of hard work during the pandemic. The rewards are on top of separate Covid-19 bonuses doled out towards the end of last year.