Tag

Paul Hastings

All articles tagged with #paul hastings

business1 year ago•2 min saved

BigLaw Firms Race to Match Milbank and Cravath's Bonus Announcements

Paul Hastings has become the first major Biglaw firm to match the Milbank bonus scale following Cravath's announcement. The firm will offer year-end bonuses ranging from $20,000 for the Class of 2023 to $115,000 for the Class of 2017 and above, along with special bonuses. This move aligns with the Milbank scale, reflecting Paul Hastings' strong financial performance, including $1.8 billion in gross revenue and $5.4 million in profits per equity partner in 2023.

via Above the Law|

#biglaw #bonuses #business

law3 years ago•2 min saved

Proskauer faces legal battles with former executive over fraud and malpractice allegations.

Proskauer has filed an amended complaint against its former COO, Jonathan O’Brien, accusing him of conspiring with key executives to recruit senior officials and staff to join him at Paul Hastings. The firm also alleges that O’Brien shared recruiting information with the chair of the competing law firm, Frank Lopez, and violated his fiduciary duties to Proskauer. Paul Hastings denies soliciting or receiving any confidential or proprietary information. O’Brien's attorney claims the amended complaint was drafted with an eye towards using the media.

via Above the Law|

#jonathan-obrien #law #lawsuit