Page 34 - Artner Issues News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Smaller law firms should consider holding partners’ retreats to reap the same benefits that larger firms gain from such events.

With more than 150 new partners, how many of them will enter the firm’s equity ranks?

Fascinating filings.

May 28, 2021 at 8:54 AM Shares0 If you’ve paid any attention to the ballooning compensation figures of Biglaw partners in recent years, you already know that it pays to be an equity partner at a large firm. Meanwhile, as average partner compensation escalates, top in-house lawyers are being left behind.    In 2020, a Major Lindsey & Africa survey of partners in “Am Law 200 size firms” found average compensation of above $1 million. The ALM Intelligence 2020 Law Department Compensation Benchmarking Survey found general counsel and chief legal officers earned average total compensation...

May 25, 2021 at 12:08 PM Shares0 (image via Getty Images) Ed. note: A version of this column originally appeared on Original Jurisdiction, the latest Substack publication from David Lat. You can learn more about Original Jurisdiction on its About page, and you can subscribe through this signup page. By now we all know the story of how the Am Law 100 fared in 2020. Contrary to what many of us predicted, the Am Law 100, the nation’s 100 largest law firms by revenue, hit new highs in terms of gross revenue, revenue per lawyer, and profits per equity partner. For Biglaw, last year was a very...