Skadden's Partner Compensation Reportedly Falling Behind
Is this what's behind the recent departures at the firm?
[Skadden’s partner] compensation structure doesn’t allow them to get to the top of the market. And that has made them vulnerable.
—An anonymous recruiter speaking with Law.com’s Patrick Smith about the recent run of high profile departures from elite Biglaw firm Skadden — despite the firm’s stellar reputation. One issue potentially impacting the firm in the partner market is compensation. The firm reportedly tops out in the $14 million to $16 million range, behind the top of market benchmark of $20 million.
Sponsored
Sponsored
Law Firm Business Development Is More Than Relationship Building
Look forward to client outreach with InterAction+™.
Sponsored
Luxury, Lies, And A $10 Million Embezzlement
In a scandal that rocked the business community, a former high-profile executive was sentenced to prison, plus five years of supervised release and restitution.
Sponsored
Thomson Reuters' Claims Explorer: A Powerful Tool For Legal Claim Identification
Thomson Reuters' Claims Explorer: A Powerful Tool For Legal Claim Identification
Claims Explorer equips attorneys with powerful functionality to mitigate the risk of missed claims and enhance their strategic decision-making processes.
Sponsored
Curbing Client And Talent Loss With Productivity Tech
Law firms must leverage technology to curb client attrition and talent loss, enhancing efficiency and aligning with evolving expectations for lasting success.
Sponsored
Tackling Deposition Anxiety: How AI Is Changing The Way Lawyers Do Depositions
Depo CoPilot is a cutting-edge technology laser-focused on helping you perform your very best at every deposition.
Sponsored
Tackling Deposition Anxiety: How AI Is Changing The Way Lawyers Do Depositions
Depo CoPilot is a cutting-edge technology laser-focused on helping you perform your very best at every deposition.
Sponsored
Thomson Reuters' Claims Explorer: A Powerful Tool For Legal Claim Identification
Thomson Reuters' Claims Explorer: A Powerful Tool For Legal Claim Identification
Claims Explorer equips attorneys with powerful functionality to mitigate the risk of missed claims and enhance their strategic decision-making processes.
