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2024 Associate Bonus and 2025 Salary Tracker
UPDATED December 20, 2024 | As the year draws to a close, an increasing number of large and other elite law firms are falling in line with a bonus scale set by market leader Milbank LLP, which in many cases puts more money in the pockets of law firm associates than ever before.
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Bonus Season Heats Up As More Firms Match Milbank's Scale
The 2024 associate bonus season is heating up, with more law firms matching Milbank LLP's year-end and special bonuses and U.K. firms extending the same offering to their U.S.-based attorneys, according to firm memos shared with Law360 Pulse and media reports.
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Congressional Inquiry Practices To Stay Hot With GOP Sweep
As aggressive oversight by lawmakers in recent years has helped grow practices dedicated to handling congressional investigations, attorneys told Law360 Pulse they foresee a continuing demand spike as the new Republican-controlled Congress works to advance President-elect Donald Trump's agenda.
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Freeman Mathis Cyber Pro Jumps To Constangy In Philly
An attorney specializing in data privacy and security has moved his practice to Constangy Brooks Smith & Prophete LLP after nearly two years with Freeman Mathis & Gary LLP.
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Armstrong Teasdale Grows In Big Apple With New IP Partner
Armstrong Teasdale has welcomed an intellectual property partner to its New York office who brings more than 15 years of in-house and private practice experience and a doctorate in molecular biology and genetics.
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Jackson Lewis Adds Attorney From FordHarrison In Tampa
Jackson Lewis PC has expanded its counseling and litigation offerings in Florida with the addition of an attorney from FordHarrison LLP.
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Law Firm Leasing Surpasses Pre-COVID Rate So Far In 2024
The rate at which U.S. law firms are signing major office leases — those at or above 20,000 square feet — has surpassed pre-pandemic levels, according to new data released by Savills on Monday, showing that while activity is up, firms are divided on whether to expand, downsize or maintain their square footage.
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Chiesa Shahinian Expanding In NJ With Biz Law Boutique
Chiesa Shahinian & Giantomasi PC will bring on five attorneys from business law boutique Greenberg Dauber Epstein & Tucker as the Newark, New Jersey, boutique shutters its operations amid the move, strengthening Chiesa Shahinian in corporate, securities and litigation matters.
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Berger Singerman Sued For Hurricane Insurance Malpractice
Berger Singerman LLP and one of its attorneys have been slammed with a legal malpractice lawsuit in Florida for allegedly botching insurance claims for a timeshare company that suffered damages in Hurricanes Michael and Irma.
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Akin Announces Associate Bonuses, 2025 Salary Scale
Akin Gump Strauss Hauer & Feld LLP told Law360 Pulse on Monday it will pay associates and counsel year-end bonuses of between $15,000 and $115,000 and special bonuses of between $6,000 and $25,000, based on seniority, in February.
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Pierson Ferdinand Adds Philly Litigator From Gordon Rees
Pierson Ferdinand LLP expanded its litigation team in Philadelphia with the addition of an attorney having expertise in representing nursing home and assisted living facilities, the firm announced Monday.
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Hawley Troxell Wants Ex-Paralegal's Suit Trimmed
Hawley Troxell Ennis & Hawley LLP asked an Idaho federal judge to dismiss a former paralegal's claims that it retaliated against her for lodging bias complaints and stiffed her on wages.
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Pot Dispensary Aims To Escape Lowenstein Sandler's Fee Suit
A New Jersey cannabis dispensary has moved to dismiss a suit from Lowenstein Sandler LLP seeking nearly $800,000 in unpaid fees, telling a state court that the firm did not give the proper notice before suing over the fee dispute.
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Law360's Legal Lions Of The Week
Goldman Ismail Tomaselli Brennan & Baum LLP, King & Spalding LLP, Holland & Knight LLP and Barnes & Thornburg LLP lead this week's list of Law360 legal lions for beating a Pennsylvania state court lawsuit brought against Bayer AG unit Monsanto by a woman who said she got cancer by using the weed killer Roundup.
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Shipman & Goodwin Atty Dodges DQ In Waste Permit Case
A Connecticut Superior Court judge has refused to disqualify Shipman & Goodwin LLP attorney Joseph P. Williams from a lawsuit that started as a dispute over a $3 million transfer station performance bond, finding he is not a necessary witness to the remaining issues in the case.
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Hodgson Russ Adds Bankruptcy Talent To Buffalo Team
Hodgson Russ LLP has added an attorney who focuses on complex commercial insolvency matters to its team in Buffalo to work as a partner with its bankruptcy, restructuring and commercial litigation practice.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry had another busy week as President-elect Donald Trump sought to dismiss his hush money trial and BigLaw firms elevated attorneys amid soaring billing rates. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Texas Firms Battling Flat Demand Amid Crowded Market In '24
Texas law firms are lagging behind the rest of the country in revenue growth nine months into 2024 thanks to out-of-state firms eating into the demand for legal work, according to a report this week from Wells Fargo Private Bank.
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Florida Law Firms Hike Atty Pay To Keep Up With Competition
Florida law firms spiked their lawyer compensation in the first nine months of 2024 by almost 21%, likely in an attempt to keep up with the pay structures of major non-Florida firms moving into the market, according to findings released this week from Wells Fargo Legal Specialty Group.
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Holtzman Vogel Expands To South Florida With Weil Atty
Washington, D.C.-based firm Holtzman Vogel Baran Torchinsky & Josefiak PLLC has added a Miami litigation partner previously at Weil Gotshal & Manges LLP.
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Cantor Colburn Co-Leader To Step Down At Year's End
A longtime co-managing partner of intellectual property specialty firm Cantor Colburn LLP is reportedly stepping down from his leadership role at the end of the year.
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PierFerd Adds Fla. Transactions Partner From Taylor English
Pierson Ferdinand LLP just got a bit larger with the addition of a partner in Miami from Taylor English Duma LLP, bringing expertise in real estate, banking and financial services that is expected to bolster the firm's ongoing growth.
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Cohen And Wolf Adds 3 Attorneys In Bridgeport
Cohen and Wolf PC has grown its headcount in Bridgeport, Connecticut, with the addition of three attorneys who expand the firm's capabilities across multiple practice areas.
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Epstein Becker Adds Hinckley Allen Research Compliance Pro
The chair of Hinckley Allen & Snyder LLP's research compliance and integrity practice group has jumped to Epstein Becker Green in Boston, expanding the firm's capabilities amid what it called a federal enforcement surge.
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Jan. 6 Prosecutor Joins White Collar Team At Farella Braun
Farella Braun & Martel LLP has hired the deputy chief who oversaw investigations and prosecutions related to the Jan. 6, 2021, attack on the U.S. Capitol as a partner and member of its white collar criminal defense and internal corporate investigations practice, the firm said Wednesday.