Tag: Compensation
Unlocking the Benefits of Employee Bonuses: Everything You Need to Know
Employee bonuses can be a great way to motivate and reward employees for their hard work and dedication. They can come in many forms, such as cash bonuses, gift cards, extra paid time off,...
Wayfair Lawsuit Against Construction Manager for Double Payments
Attorneys working for Wayfair, a major online home goods retailer based in Boston, have taken legal action against a construction management company called Loc Associates, also known as Generis Collective. The lawsuit, filed in...
Ford Appeals Court to Reject $1.7B Verdict and Order New Trial
Ford Motor Company is appealing to the court to reject a $1.7 billion verdict and order a new trial. The company is not satisfied with the outcome of the previous trial and is seeking...
Seeking $100M in COVID-19 Test Case: Quinn Emanuel Client | Law Firm Seeks Compensation
Quinn Emanuel Urquhart & Sullivan, a prominent law firm, is representing a biotech manufacturer seeking $100 million in damages for a breach-of-contract suit filed in a Massachusetts state court. The lawsuit, filed on behalf...
Allstate Subsidiary Accused of Shortchanging Policyholders: New Class Action Lawsuit
A new class action lawsuit has been filed against an Allstate subsidiary, accusing the company of shortchanging policyholders. The lawsuit alleges that the subsidiary did not provide policyholders with the full benefits they were...
Maximize Your Earnings with $50K Referral Bonuses at a Leading BigLaw Firm
Law firms are known for offering referral bonuses to employees who refer associates to their firms for placement. Typically, these bonuses range from $20,000 to $40,000, as stated by Matt Schwartz, a recruiting partner...
Kirkland’s New Policy on Withholding Pay for Departing Partners Creates ‘Pain Point’ for Laterals
Kirkland & Ellis recently updated its policy regarding departing equity partners, allowing the firm to withhold accrued compensation upon their departure. Previously, the firm already deferred 55% of annual compensation for equity partners until...
City with Highest Billing Rates for Litigators in the Nation: Survey Results
According to a recent survey conducted by the National Association of Legal Fee Analysis, litigators in Washington, D.C. have the highest billing rates in the nation. The survey found that a quarter of full-time...
Partner Compensation in Law Firms: Examining the $20M Bubble
Partner compensation in law firms has been a hot topic lately, with the most successful lawyers in Big Law taking home increasingly larger paychecks. The question on everyone's mind is whether partner pay is...
Frontier Airlines Wins $48.6 Million in COVID-19 Contract Suit Judgement
Frontier Airlines has emerged victorious in a legal battle against AMCK Aviation Holdings Ireland Limited and two AMCK affiliates, with a $48.6 million judgment awarded in their favor by U.S. District Judge Louis Stanton...
Elon Musk’s Compensation Court Battle Continues Despite Ratification Vote | Law.com
Elon Musk's Compensation Court Battle Continues Despite Ratification VoteThe legal battle over Elon Musk's compensation package continues, despite a recent ratification vote. The Tesla CEO's pay package has been the subject of controversy, with...
Lawsuit: Investment Fund Seeks $9 Million from Biopharma Company for Contract Breach
An investment fund, AMC Fund L.P., is taking legal action against biopharmaceutical company Dendreon Pharmaceuticals for allegedly breaching a contract. The lawsuit, represented by Baker Botts, was filed in the Southern District of New...
Police Officer Awarded $100k After Son Exposed to Pulitzer Prize Winner’s ArtSEO Title: Police...
A family recently won a $100,000 settlement after their son was exposed to a music video featuring Kendrick Lamar at school. The lawsuit claimed that the child, who is the son of a police...