Monday BigLaw Merry-Go-Round (Jun 20, 2016)

Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.

• "Profitable Firms Grew Rates at Double the Pace of Midtier Counterparts," Law.com

• "Breaking: NY To $180K!!! Cravath Raises Associate Base Salaries!!!," Above the Law

• "Cravath to Raise Base Pay for Associates to $180K," The American Lawyer

• "Law Firm Cravath Raising Starting Salaries to $180,000: Change is likely to spawn a wave of copycat moves from the New York firm's competitors," The Wall Street Journal

• "Law Firm Salaries Jump for the First Time in Nearly a Decade," The New York Times

• "Cravath raises first-year associate pay to $180K, effective July 1," ABA Journal

• "Big Firms Move to Match Cravath Associate Pay Boost," The American Lawyer

• "Summer Associates Reap Benefits From New Pay Scale," (For the latest updates to this evolving story, visit Above the Law's 2016 Salary Increase page.) The American Lawyer
  • "NY to $180K: The First Major Match," Above the Law
  • "Magic Circle Firm Matches Cravath Scale," Above the Law
  • "Biglaw Firm Bumps Salary To Attract And Retain The 'Best And Brightest Attorneys'," Above the Law
  • "Guess Which Biglaw Leader Is Raising Salaries Now?," Above the Law
  • "Chicago-Based Biglaw Giant Gives Raises To All US Associates," Above the Law
  • "Top 10 Firm Smacks Its Associates Across The Face With Money," Above the Law
  • "Sullivan & Cromwell Beats Cravath (For Certain Classes)," Above the Law
  • "Leading Biglaw Firm Raises Salaries For All US Associates," Above the Law
  • "Quinn Emanuel Announces Pay Raises For Associates," Above the Law
  • "Debevoise Makes Its Salary Announcement — With A Twist," Above the Law
  • "Biglaw Salary Hike: Not All Offices Are Created Equal," Above the Law
  • "Simpson Thacher Finally Announces Its New Salary Scale," Above the Law
  • "Another Biglaw Giant Goes to $180k — For All US Offices," Above the Law
  • "Cleary Gottlieb Matches Cravath Scale...Or Maybe Beats It?," Above the Law
  • "More Firms Jump on Cravath Pay Scale, as S&C Beats Top End," The American Lawyer
  • "Earth's Highest-Grossing Law Firm Increases Associate Salaries Worldwide," Above the Law
• "Firms Increasingly Making Partners Pay to Leave," Law.com

• "Am Law 200 Firms Grow National Pot Practices," Law.com

• "How Do Chinese Law Firms Operate?," The Asian Lawyer

• "More Firms Jump on Cravath Pay Scale, as S&C Beats Top End," The American Lawyer

• "First-year associate pay will be $180K at multiple BigLaw firms following Cravath's lead," ABA Journal

• "Millennials Have Their Say on Law Firms' Future," Law.com

• "Hackathon will tackle why law firms are failing to keep and promote women lawyers," ABA Journa