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Nonequity partners make up one of the fastest-growing tiers of lawyers at major law firms — and that tier is the most discontented, according to Law360 Pulse's 2024 Law Firm Compensation Survey.
Lawyers in private practice are generally happy with their compensation, and BigLaw associates are particularly satisfied, thanks to openly competitive rates of pay. But equity partners at smaller firms are happiest, according to a new Law360 Pulse survey.
The legal industry may be known for its relatively high pay, but don't tell that to lawyers: Barely half of all attorneys feel satisfied or very satisfied with what they make, according to a new Law360 Pulse report.
A former partner and general counsel for the credit arm of Apollo Global Management is now a partner in Paul Weiss Rifkind Wharton & Garrison LLP's corporate department, the firm said Tuesday.
Gordon Rees Scully Mansukhani LLP, now known as GRSM50, has elevated 51 attorneys to partnership in 21 states across more than 10 practice groups in a broad range of legal areas.
Representing a public official, whether the mayor of New York City, a state legislator or a city council member, poses unique challenges for even the most experienced lawyers, who often find themselves torn between fighting battles in the press and protecting their client in court.
New York City Mayor Eric Adams asked a Manhattan federal judge Tuesday to sanction Southern District prosecutors for allegedly leaking the details of a criminal investigation for nearly a year leading up to his corruption indictment, saying negative press has hurt his standing with the public and undermined his right to a fair trial.
The New York City Bar Association called on Congress to put U.S. Supreme Court justices under enforceable ethics rules in a report released Tuesday, throwing its support behind reforms, such as the creation of a Judicial Investigation Panel and an Office of the Inspector General.
A team of 10 attorneys formerly with Constantine Cannon LLP and Robins Kaplan LLP has formed a new boutique firm specializing in antitrust law, with offices in New York City and Washington, D.C., according to a Tuesday announcement.
Sean "Diddy" Combs is appealing a Manhattan federal judge's decision to deny him bail in a criminal case accusing the hip-hop mogul of sex trafficking and has bolstered his legal team, according to filings Monday in the U.S. District Court for the Southern District of New York.
The U.S. Trustee's Office is asking a New York bankruptcy judge to claw back the fees and expenses law firm Reed Smith LLP has earned representing shipping firm Eletson Holdings in its Chapter 11 case, saying it failed to disclose ties with Eletson directors.
Cozen O'Connor's continuous steady growth over the last 12 years has prompted the firm's leadership to reelect its current chief executive for another three-year term.
Ex-Apollo Global Management CEO Leon Black cannot dodge a lawsuit accusing him of raping an autistic teenager in 2002, as New York City's extension of the time limit to file the suit is not preempted by state law, a New York federal judge has ruled.
The Law Offices of Michael S. Lamonsoff PLLC, a New York personal injury firm, has accused competitor Harmon Linder & Rogowsky of offering a former client a loan after learning they were being booted as counsel.
The top lawyer for fashion holding company Tapestry Inc., the parent of Coach, Kate Spade New York and Stuart Weitzman, saw his compensation rise by almost $500,000 to about $2.7 million in fiscal year 2024, according to the company's latest federal filing.
Sarah Harrington has dedicated almost her entire legal career to public service. But on Dec. 1, following 3½ years overseeing the U.S. Department of Justice's appellate staff in the Civil Division as deputy assistant attorney general, she'll return to private practice as the new co-leader of the appellate and Supreme Court practice at Covington & Burling LLP, the firm said Monday.
McDermott Will & Emery LLP has continued its investment in technology and innovation by creating a new role focused on artificial intelligence, the firm said Monday.
New York-based legal services provider Expert Institute has been sold to private equity firm Levine Leichtman Capital Partners from its previous owner Spectrum Equity, according to a Monday announcement.
Akin is redoubling its commitment to emerging technology and artificial intelligence with a new director of practice technology and AI innovation at its London office who most recently was at Bryan Cave and previously spent more than seven years with Akin.
After over 30 years working as an appellate attorney at New York's attorney general office and later at the state's highest court, the former chief clerk and legal counsel to the New York Court of Appeals joined Harris Beach PLLC as a member, the firm announced this month.
New York City Mayor Eric Adams moved swiftly to dismiss the bribery charge from his federal indictment on Monday, arguing that evidence of Turkish officials' gifts to curry favor with him fails to meet a high legal standard laid out by the U.S. Supreme Court.
Davis Wright Tremaine LLP partners have voted to select litigation cochair Jaime Drozd as its next firmwide managing partner, filling a role left empty after its former managing partner resigned in March, according to a Monday announcement.
Rudy Giuliani's lawyer told a New York federal judge Friday that whether the ex-New York City mayor's Florida condo can be taken to help satisfy a $148 million defamation trial bill hinges not on whether he spends any time in Florida but on his residency "state of mind."
A senior aide and confidante of New York City Mayor Eric Adams had her phone and records seized by state prosecutors and was separately subpoenaed by federal agents on Friday, the same day Adams was arraigned on federal corruption charges.
After 17 years under the leadership of a single managing partner, Pryor Cashman LLP is in the process of transitioning to a new firm head, with both the outgoing and incoming managing partner saying they want to preserve the midsize firm's character and independence.