Lucas Newsroom

Cravath Calls and Raises Millbank on Associate Pay

June 12, 2018 - 8:55am

Cravath matched salaries along the Milbank scale for junior associates. For midlevel associates, the Cravath scale is a $5,000 bump up from where Milbank set the market, at senior levels the bump goes up to $10,000. And Cravath is giving out special bonuses like Simpson Thacher.
Bonuses will be paid on June 29. An associate must be at the Firm on June 29 to be eligible for the bonus. Associates who have been with the Firm for only part of the year or are working part-time will receive a pro-rated portion of the applicable class-level bonus.

Nelson Mullins to Merge with Broad and Cassel

June 11, 2018 - 4:06pm

The combined firm will continue as Nelson Mullins Riley & Scarborough LLP nationally and Nelson Mullins Broad and Cassel in Florida.  The combined firm will have more than 725 attorneys and professionals operating in 25 offices from Boston to Miami on the east coast to Denver and LA on the west coast, as well as Atlanta and the Carolinas.
American Lawyer has the article

Winston & Strawn and Proskauer Rose latest to match Milbank Tweed's associate pay bump

June 6, 2018 - 9:38am

Winston & Strawn LLP and Proskauer Rose LLP on Tuesday said they will match the new pay scale put forth by Milbank Tweed Hadley & McCloy LLP a day earlier that raises associates’ compensation by $10,000 to $15,000.

Fenwick & West brings on new partner to help clients attract high tech talent

June 5, 2018 - 10:12am

Matthew Cantor joined Fenwick & West’s New York office, where he will work with the firm’s startup, securities and mergers and acquisitions practices, in the executive compensation and benefits practice group as a partner with an eye on helping startups navigate the complexities of attracting top talent.
 

Winston reverses trend of Katten hiring every other firm’s partners

May 22, 2018 - 11:14am

Winston & Strawn LLP hired two partners in California with strong private equity and mergers and acquisitions experience from Katten Muchin Rosenman LLP, including one who headed up that firm's Los Angeles corporate practice and previously presided over a private investment company.

Stephen Antion and Daniel Peters both join Winston as partners in Los Angeles.
This reverses the current trend of Katten’s 2018 lateral partner hiring spree which has reached 30, so far.