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Associate pay hikes gather steam after Cravath announcement; which law firms have matched?

ABA Journal

Associates at several BigLaw firms are getting pay hikes, thanks to an announcement Tuesday by Cravath, Swaine & Moore. Milbank was the first large…

Law Firm 130
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The 2025 Am Law 100 Ranking Is Here!

Above The Law

With a whopping 58 firms notching over a billion dollars in gross revenue, the financials of Biglaw look solid. Patrick Smith details the industry-wide trends: By the numbers, there is no other credible way to describe the overall performance of the 100 largest law firms by revenue: They crushed it. The collective Am Law 100 saw 13.3%

Laws 109
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A few partners leave Cravath despite changes that generate more money for superstars

ABA Journal

Updated: Cravath, Swaine & Moore lost three partners to competitor law firms in January, illustrating that “Cravath is now in the ranks of other New…

Law Firm 117
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Why is BigLaw delaying bonus announcements?

ABA Journal

After Cravath, Swaine & Moore announced year-end bonuses of up to $115,000 for associates Nov. 22, a handful of law firms quickly chimed in. The law…

Law Firm 117
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As more law firms announce bonuses, some pay extra for higher hours

ABA Journal

Several law firms are following the lead of Baker McKenzie and Cravath, Swaine & Moore in announcing year-end bonuses tracking their scales, but some are…

Law Firm 105
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Cravath, first to announce year-end bonuses, is among the firms matching Davis Polk’s special bonuses

ABA Journal

Cravath, Swaine & Moore—the first law firm to announce year-end associate bonuses of up to $115,000—has matched additional special bonuses being paid by Davis Polk…

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Airline Owner Can't Force Cravath To Give Docs, Court Says

Law 360

Cravath Swaine & Moore LLP doesn't have to turn over documents used in the prosecution of an airline owner accused in a scheme to defraud Polar Air Cargo Worldwide of millions of dollars, a New York federal judge ruled Wednesday, saying the defendant hasn't shown the firm was part of the prosecution.

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