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While Associate Salaries Rise to Fight Talent War, Counsel Are Asking, 'Where's Mine?'
This year is shaping up as a lucrative one for Big Law associates, as firms raise associate salaries to new scales set initially in January by Milbank, bumped up by Davis Polk & Wardwell, and then raised yet again by Cravath, Swaine & Moore.
The lofty compensation for associates comes as busy firms strive to meet competitive pressure in the crucial effort to retain young talent. The latest iteration of the salary scale calls for a $215,000 salary for first-year associates and ranges up to $415,000 for eighth-years.
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New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
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Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.