• On Tuesday Allstate Corp.’s general counsel, Susan Lees, sent an email criticizing the Cravath-inspired wave of pay hikes for first-year associates to $180,000, arguing law firms should be investing in technology. (WSJ Blog)
• Will in-house lawyers themselves see a pay hike as a result of the raises announced by more than 80 law firms so far? GCs contacted by BLB gave mixed views . (Big Law Business)
• With some GCs expressing concerns that the pay hikes could push rates up, some medium-size and regional firms see an opening for their pitch that they can do high-quality work for less money. ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.