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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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The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
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.
The DOJ's New Parameters for Evaluating Corporate Compliance Programs
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.