Firms Pepper Hamilton and Blank Rome announced plans to raise attorney salaries this week, becoming the latest to join the trend. For Pepper Hamilton, first year associates in all offices will get an extra $10,000, except in Harrisburg and Detriot, where the raise is $7,000. Blank Rome’s Philadelphia first-years will now earn $125,000, and its D.C. and New York associates take home $135,000. Source:www.law.com
Tags: Blank Rome LLP | New York
Duane Morris announced a 9.8% increase in total revenue and an 18.4% increase in profits per partner for 2005. The 600 lawyer firm has enjoyed continued growth and success and plans to hire 400 new attorneys over the next two years. Duane Morris currently has 20 offices throughout the East and West Coasts, as well as one in London. Source:www.law.com
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Dechert has followed the market trend by raising salaries for its Philadelphia office, with first-year associate pay now set at $135,000. This brings to par with Morgan Lewis as the highest-paying firms in the city. Dechert employs 900 attorneys in 18 offices worldwide. Source: www.law.com
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Boston firm Goodwin Proctor will make its first venture to the West Coast early this summer with a new San Francisco office. Relying on its experience in intellectual property and technology, the firm sees a bright future in California and has further expansion plans for both L.A. and Silicon Valley. Goodwin Proctor was founded in 1912 and currently employs 650 attorneys. Source :www.law.com
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Friday White & Case announced that they will close their San Francisco office and focus on building its technology practices in Palo Alto. Many of the lawyers in the firm’s Palo Alto office specialize in IP, the San Francisco lawyers tend to practice in the areas of banking and energy, mergers and acquisitions, corporate . Source:www.law.com
Tags: White & Case LLP | San Francisco
After a recent merger DLA Piper Rudnick Gray Cary has announced that Ann Ford will take the reins as managing partner of the Washington, D.C. office. Ford, who replaces Theodore Segal as managing partner, is the first woman to hold the post. She says her top priority is growth in the D.C. office. There are 175 lawyers in DLA Piper’s D.C. office currently. In the next year or so they plan to move into new offices that can hold 300. Source: www.law.com
Tags: DLA PiperKenneth Lund, managing partner of Holme Roberts & Owen, hand picks young guns from the best firms in California for his offices in San Francisco and Los Angeles. He entices them with flexible billing rates, shorter partnership tracks, and a chance to shift their careers into high gear. For young lawyers who appreciate the opportunities at Holme Roberts & Owen, gaining more control over their future is worth trading in on a big name. In the last three years Holme Roberts & Owen has hired 16 laterals. Five of them were partners from firms such as Heller Ehrman; Latham & Watkins; Morrison & Foerster; and Pillsbury Winthrop Shaw Pittman. Source: www.law.com
Tags: Los Angeles
Los Angeles-based firm Quinn, Emanuel, Urquhart, Oliver, & Hedges has raised its first-year associate salary to $145,000, matching recent New York trends. This tops the $135,000 salary currently offered by most L.A. firms, a move which Quinn hopes will maintain its ability to attract top talent. Source: www.law.com
Tags: Quinn Emanuel Urquhart & Sullivan, LLP | Los Angeles
Following market trends, California firm Shartsis Friese will raise its first-year associate salary to $135,000. Second-year associates will now earn $140,000 and third-years $145,000. Source: www.law.com
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Atlanta firm Smith, Gambrell & Russell opened an office in Frankfurt to better serve its European clients. It joins U.S. firms White & Case, Jones Day, Baker & McKenzie and DLA Piper who also have offices there. Source: www.law.com
Tags: Smith, Gambrell & Russell, LLP | Germany