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The $225,000 Starting Salary: How Big Law Associates Make Bank
Bloomberg Television· 2025-12-01 19:46
Behold the big law associate. You may recognize them by the jumbosized cup of coffee in hand, bloodshot eyes from working 60-hour weeks, and most of all, by the bank account filling with money. >> Associates at big firms are usually hired from the top law schools every year.>> Of course, it's not just the highest ranked schools. Firms do recruit top students further down the rankings list. First year associates do all kinds of work, court papers, transactions, documents, preparing first drafts of briefs or ...
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Firefly Aerospace Inc. Investors to Inquire About Securities Class Action Investigation - FLY
Newsfile· 2025-11-28 18:08
New York, New York--(Newsfile Corp. - November 28, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Firefly Aerospace Inc. (NASDAQ: FLY) resulting from allegations that Firefly Aerospace may have issued materially misleading business information to the investing public.SO WHAT: If you purchased Firefly Aerospace securities you may be entitled to compensation without payment of any out of pocket fees or costs th ...
AI May Be Replacing Entry-Level Jobs, but These Graduate Careers Are Thriving
Investopedia· 2025-11-25 01:04
Core Insights - The current labor market is challenging for recent graduates, leading many to consider graduate school as a viable alternative to entering a stagnant job market [2][4][8] - Certain graduate degree programs, particularly in mental health counseling and law, are projected to have high demand and job openings in the coming years [3][7] Labor Market Conditions - The labor market has been slow to add workers, with tariffs and the increasing presence of AI contributing to hiring challenges [2][8] - As of June 2025, the unemployment rate for recent college graduates was 4.8%, slightly higher than the overall unemployment rate of 4% [5] Graduate School Trends - Graduate school is becoming a more attractive option for recent graduates, especially in fields with promising job prospects [4][7] - Law school admissions for the 2024-2025 cycle reached the highest level in over a decade, indicating a significant interest in legal careers [8] Job Demand Projections - According to the Bureau of Labor Statistics, mental health counselors, lawyers, and education and career counselors are expected to see a high number of job openings over the next nine years [3][7] - Graduate degrees are associated with higher-paying job opportunities compared to positions available to those with only a bachelor's degree [9]
Law Firms Cash In as PE Giants Target 401(k) Market
Wealth Management· 2025-11-24 20:43
Core Insights - The legal sector is capitalizing on the opportunity to help private equity firms attract retail investors, particularly through 401(k) plans, as large institutions retreat from these investments [1][2][3] Group 1: Market Opportunity - Nearly $13 trillion is available in 401(k) accounts and other defined-contribution retirement plans, presenting a significant opportunity for private equity firms and their legal advisors [3] - The number of semi-liquid private-market funds aimed at retail investors has doubled since 2020, reaching approximately 380 [7] Group 2: Legal Fees and Demand - Legal fees for structuring private-market funds for retail investors can reach up to $1.5 million, with ongoing legal work costing hundreds of thousands annually [4] - Law firms are experiencing unprecedented demand for fund specialists, with some legal professionals receiving numerous inquiries from private-market firms seeking to enter the 401(k) market [5][6] Group 3: Industry Trends - Major law firms like Simpson Thacher & Bartlett and Kirkland & Ellis are expanding their teams to meet the growing demand for retail fund services, with Simpson Thacher increasing its retail team from a few to 21 partners and 125 lawyers [10][11] - The push into the 401(k) market has been facilitated by regulatory changes, notably under the Trump administration, prompting firms like Apollo and Blackstone to launch new funds targeting retail investors [8][9]
IRS’ temporary relief grants more workers eligibility under Trump’s ‘no tax on tips’ law
Yahoo Finance· 2025-11-24 12:54
Core Points - The U.S. Department of the Treasury and the IRS issued guidance allowing more workers to benefit from "no tax on tips" and "no tax on overtime" provisions under President Trump's legislation [1] - The 2025 budget reconciliation bill permits workers to deduct up to $25,000 in tips and $12,500 in overtime from their income, with exemptions for certain specified service trades [2] - Additional guidance is deemed necessary to help determine if an employer's business qualifies as a specified service trade [3] Summary by Sections - **Transition Relief**: The guidance provides "transition relief" until January 1 of the first calendar year after final rules are issued, recognizing that many small businesses have not previously made such determinations [4] - **Penalty Relief**: Employers are granted penalty relief for tax year 2025 regarding the provision of correct information on qualified tips and overtime compensation [4] - **Tax Forms Update**: The IRS has not updated tax forms for 2025 and encourages employers to provide tipped employees with occupation codes and separate accounting of cash tips [5] - **Implementation Preparation**: Employers should prepare for the implementation of these provisions, despite the easing of the law [6] - **Reporting Requirements**: Employers are advised to provide employees with reports detailing cash tips, qualifying occupations, and qualified overtime compensation, especially for accurate calculations in tax year 2026 [7]
X @Nick Szabo
Nick Szabo· 2025-11-20 03:06
RT Nick Szabo (@NickSzabo4)AI and robotics can make cheap widgets even cheaper. That will not make society wealthy.In the developed world our biggest and most important expenses do not primarily involve widgets; they primarily involve law (often indirectly), real estate, health care, and education.It is only if AI can, and is allowed to, "practice" law, health care, and education that we will reap anything like the promised benefits of AI making society "wealthy." ...
’Chibi Maruko-chan‘ : Embracing a"Non-Long-Termism"Multifaceted Life | 王 雨晴 | TEDxHTNIA Youth
TEDx Talks· 2025-11-17 16:44
As an ENFP "happy-go-lucky" criminal lawyer and blogger, Wang Yuqing has long been troubled by stereotypical evaluations such as "not acting like a lawyer," "looking too young," and "ENFPs are not suited to be lawyers." She once tried to portray herself as more "mature" and "lawyer-like," only to be labeled as "young and trying too hard." In this humorous and sincere sharing session, she recounts how a challenging mediation experience led her to a sudden realization: true strength does not lie in pretending ...
CPTN DEADLINE: ROSEN, A HIGHLY RANKED LAW FIRM, Encourages Cepton, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CPTN
Newsfile· 2025-11-17 00:00
CPTN DEADLINE: ROSEN, A HIGHLY RANKED LAW FIRM, Encourages Cepton, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CPTNNovember 16, 2025 7:00 PM EST | Source: The Rosen Law Firm PANew York, New York--(Newsfile Corp. - November 16, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers or sellers of common stock of Cepton, Inc. (NASDAQ: CPTN) between July 29, 2024 and January 6, 2025, both dates inclusive (the "Class Period"), ...
SINA DEADLINE: ROSEN, A TOP-RANKED LAW FIRM, Encourages Sina Corporation Investors to Secure Counsel Before Important November 18 Deadline in Securities Class Action - SINA
Newsfile· 2025-11-15 02:50
Core Points - Rosen Law Firm is reminding investors of Sina Corporation about the November 18, 2025 deadline to join a securities class action related to the merger that occurred between October 13, 2020, and March 22, 2021 [1][2] Group 1: Class Action Details - Investors who sold ordinary shares during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by November 18, 2025 [3] - The lawsuit alleges that defendants created a fraudulent scheme to depress the value of Sina's shares to avoid paying a fair price during the merger [5] Group 2: Allegations Against Defendants - The defendants are accused of misrepresenting and omitting material information in Sina's proxy materials, which were necessary for shareholders to make informed decisions regarding the merger [5] - Specific allegations include the concealment of the true value of Sina's investment in TuSimple and that the merger offer of $43.30 per share significantly undervalued Sina's ordinary shares [5] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]
Gunderson Dettmer Represents Long-Time Client BillionToOne in its Upsized $273.1 Million Initial Public Offering
Prnewswire· 2025-11-06 22:02
Core Insights - BillionToOne, Inc. successfully completed an upsized initial public offering (IPO) of 4.6 million shares at $60 per share, raising approximately $273.1 million in gross proceeds [1] - The shares began trading on the Nasdaq Global Select Market on November 6, 2025, with the offering expected to close on November 7, 2025 [1] Company Representation - Gunderson Dettmer has represented BillionToOne through various financing rounds, including Series A and late-stage equity and debt private rounds, providing strategic counsel from early funding to public market entry [2] Underwriters - J.P. Morgan, Piper Sandler, Jefferies, and William Blair are acting as joint book-running managers for the IPO, with Stifel, Wells Fargo Securities, and BTIG also participating as book-running managers [3] Legal Team - The Gunderson deal team included several partners and associates specializing in corporate law and public offerings, showcasing the firm's expertise in navigating complex capital markets [4]