Insights
Industry News 10th March 2025
Michael Diz is joining Davis Polk as a partner, the firm said Monday. Diz spent more than 20 years at Debevoise, co-leading its mergers and acquisitions group and the firm’s San Francisco office. He steered the Debevoise team advising Verizon Communications in its $20 billion acquisition of Frontier Communications Parent in September.
Source: Bloomberg Law
Industry News 22nd February 2025
Skadden is considering adding a tier of salaried “partners” at the Wall Street law firm, following similar moves by several of its rivals.
The firm’s partners are discussing adding a non-equity level, according to two sources familiar with the talks. Those lawyers would largely be paid by salary, rather than getting a cut of the firm’s profits.
Source: Bloomberg Law
Industry News 5th August 2024
Source: Bloomberg Law
Industry News 10th June 2024
Latham & Watkins has proposed introducing “super points” into its compensation structure to pay star performers more than $20m.
The proposed reforms come amid a raging pay battle among elite US law firms, which has pushed compensation packages for top partners north of $20m.
Source: Financial News London