• Last year’s Cravath-inspired wave of Big Law firms hiking junior lawyer pay to $180,000 does not appear to have benefited first-year associate pay at smaller firms. First-year wages stagnated at a median of $135,000 at firms nationwide, according to new data. ( Law.com )
• An accountant who tipped off the IRS to alleged tax evasion by Caterpillar Inc. stands to make $600 million, which would make him the best paid whistleblower of all time. The company, which faces a huge tax adjustment and possible criminal charges, among other things has hired former Attorney General William Barr of Kirkland & Ellis LLP for advice. ( Bloomberg Businessweek ...
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