Starting salaries for first-year associates at Milbank were just raised to $200k, and for eighth-year associates to $355k. Other firms, including McDermott Will & Emery, Cadwalader, Mintz, Winston & Strawn, and Fenwick, quickly followed suit. Davis Polk, in fact, did … [more]
The Lawyers Career Blog
Market Report: The Demand for “Brand Lawyers”
“Brand lawyers” are in demand in the life sciences industry. The term “brand lawyer” is often used to describe an attorney with experience supporting a specific brand/product that is on the market. For example, a brand lawyer within the pharmaceutical industry … [more]
There Is a Summer 2021 “Salary War” in Big Law – But Be Careful What You Wish For
There is no question that competition for top talent in the legal industry is red-hot. Why? Strangely, it appears that Big Law realized a bit of an upside during the pandemic. During the shutdown, demand for legal services increased … [more]
Tackling the Budget-Workload Conundrum as We Move Out of the Covid Crisis
At the end of last year, when Covid was still a prominent factor on the minds of all corporations, many companies decreased the size of their legal department budgets. It was a move that was designed to deal with the … [more]
“Incremental Progress” for Diversity in the Legal Industry
In February 2021, the National Association for Law Placement (NALP) released its 2020 Report on Diversity in U.S. Law Firms. Unfortunately, the numbers on diversity and inclusion showed only a slight uptick, revealing “incremental progress.” In a time when our … [more]
How Has Covid-19 Changed the Practice of Law Over the Last Year?
The heavy weight of the Covid-19 pandemic is slowly beginning to lift. The current debate has to do with who will take the vaccine, rather than whether we will have another wave of infection, an improvement indeed. While we … [more]
Managing Your Legal Team Remotely
It has been over a year, and few people have returned to their office desks. The city that never slept, New York City, once characterized by towering office buildings and an endless bustle on the street, has transformed into a … [more]
Cryptocurrency and the Law – Here to Stay?
Did you ever think that there would be considerable value in something that you could never touch, hold, or store under your mattress or in a vault? Well, in this article we are going to discuss how “ownership” of digital … [more]
Want to Step Up Your Interviewing Game? Ask More Probing Questions
One of the most stressful parts of finding that next step in your career is the interview. This is where the ‘rubber meets the road’ on whether you and your colleagues-to-be will have the right chemistry. Of course, the stress … [more]
Emerging Risks Facing GCs in 2021 – the Cybersecurity and “Cyberdemic” Era
Socrates once said: “The secret of change is to focus all of your energy not on fighting the old, but on building the new.” Those wise words seem particularly appropriate in today’s digital age. Indeed, the digitizing of all our … [more]