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Law
fromAbove the Law
1 week ago

Biglaw Bonus Train Keeps Chugging Along As Top 50 Firm Gets On Board To Drop Cash For Associates - Above the Law

Orrick will use the Cravath bonus scale and Milbank-style special bonuses, with merit and special payments scheduled for Dec 31, 2025 and mid-February 2026.
fromAbove the Law
2 months ago

Cadwalader's Mass Exodus Continues: Nearly 40 Lawyers Jump To Top 50 Biglaw Firm In Practice Group Raid - Above the Law

The hits keep coming for Cadwalader Wickersham & Taft. Reports of a mass lateral defection from the firm's collateralized loan obligation and asset-backed lending team have now been confirmed, with Orrick taking in a 37-lawyer team from the firm - including 10 partners - in one of the most sweeping group lateral moves the Biglaw world has seen this year. This will give Orrick an immediate boost in one of its most profitable practice areas, and deal year another serious blow to Cadwalader's already shake sense of stability.
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