Top Biglaw Firm Opens Another Texas Outpost With The Help Of Some Lateral Partners
Willkie Farr & Gallagher is expanding its presence in Texas by opening an office in Dallas, focusing on private equity, M&A, and transactional work in the energy and non-energy sectors. [ more ]
Biglaw Associate Writes Taylor Swift-Inspired 'Choose Your Own Adventure' Departure Memo
Departure memos in Biglaw can be creative and personalized, like a choose-your-own-adventure game with Taylor Swift lyrics, leaving a memorable impression on colleagues. [ more ]
No Longer A Rarity: More Partners Leave Cravath, Heading To Rival New York Firms
Cravath, long considered the ideal law firm in Biglaw circles, is experiencing changes that include the introduction of a salary partner tier and the hiring of lateral partners.
Cravath has recently lost partners to rival firms who are willing to pay a premium to poach top talent. [ more ]
Elite Biglaw Firm Celebrates Its Most Successful Financial Year In History
Hogan Lovells, a top Biglaw firm, had a record financial performance in 2023 after disappointing financials in 2022.
The firm's net revenue increased by 17%, profits per equity partner increased by 20.3%, and brand awareness in commercial markets played a key role in the turnaround. [ more ]
Not to be outdone, first-mover Milbank increases its raises for some associates
Milbank, the first BigLaw firm to announce associate pay hikes this year, is adjusting its pay scale after other firms embraced a more generous scale.
Midlevel and senior associates at Milbank will receive higher pay than initially announced, with those in the class of 2016 receiving $435,000. [ more ]