Wednesday, May 18, 2022, 12:50 PM ET - Things Aren't Looking So Good

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Law Firms and Recession - A Bifurcated Story

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Your ESG Investments - The SEC Is Watching Out for You

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So You Make Good Money, Have Alternate Investments - Still, That's Not "Real Money"

 In that global overlay in society of those who own the wealth there is a phrase:  real money. That differentiates the value of their assets and compensation from those who probably will never penetrate that magic circle. So, who are those locked outside? They include equity partners in Big Law. Here are their numbers, provided by ATL, for 2021: . Wachtell $8.4M 2. Kirkland $7.388M 3. Davis Polk $7.01M 4. Sullivan & Cromwell $6.366M 5. Paul Weiss $6.162M 6. Simpson Thacher $5.980M 7. Cravath $5.803M 8. Quinn Emanuel $5.746M 9. Latham $5.705M Not shabby. And there were probably some high-fives going around. Also note that the PEP for Paul Weiss met the projection its chairperson Brad Karp had made in a Bloomberg Law interview. Just as Karp said, it did cross that line beyond  $6 million.  Also, the EPs through their own investment savvy, especially those with Wall Street clients, can augment the building of wealth thr...
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