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Because their firms often represent publicly traded companies, Partners typically cannot buy or sell individual equities directly. But there are ways to structure equity ownership through a managed, compliant framework.
The absence of proper financial planning can create vulnerabilities that are deeper and darker than most attorneys ever imagine.
You think you've done all the right things by maxing out your company benefits or investing a big chunk of cash into the market at one time, but what if the way you're structuring those contributions is quietly costing you millions?
The ability to retire well is about more than just income, it’s about intention. For AM Law attorneys, the stakes are higher, but so is the opportunity.
Attorneys at AM100 law firms operate in a high-performance world: long hours, intense pressure, and high stakes. But behind the prestige and paychecks lies a truth that many partners and associates eventually face: your career’s earning potential doesn’t automatically translate to long-term financial security.
For equity partners at Am Law 100 firms, managing quarterly estimated tax payments is a regular part of life.. but did you know the benefits of paying these with credit cards? Yes, credit cards!
You may be surprised by several key differences between being a partner vs. a counsel or associate position. You will now be faced with an entirely new set of financial implications- quarterly tax estimates, capital buy-ins and new income and cash flow.
What would we do as a first year associate to set us up for a strong financial future? Chris DeVito has the blueprint for you!
We’re coming up on every associate’s favorite time of the year, BONUS season! The current AM 100 scales tops out at around $115,000, now that’s some serious chedda cheese! But what should you do with it?
The 401(k) is a great retirement savings tool that offers many unique benefits such as easy access to the stock market, tax benefits, and a “forced” savings vehicle.
Having an emergency fund is crucial for financial stability and peace of mind. It can help cover unexpected expenses and prevent the need for high-interest credit cards or loans.
Becoming a Senior Associate is a potential turning point in your career. Whatever may be ahead of you in your career, consider these options. They may or may NOT provide some additional layer of security that helps you in your decision.
Let's take a closer look at how federal, state, and local taxes play a role in your take home pay and what to expect going forward.
During this current wave of “salary wars" in BigLaw, we share thoughts that hope to provide helpful perspective and actionable tips as you think about choosing a firm as a law student or lateral
PCs and PLLCs are both legal entities that are often used by attorneys and other licensed professionals to conduct their business. While these entities have some similarities there are notable differences between them. For attorneys, choosing between PC and PLLC involves specific considerations and distinctions, given the highly regulated nature of the legal profession.
Understanding the 2023 big law salary scale & how to correctly read and understand your paystub is crucial to managing your finances as a Big Law Associate.
Have you ever wondered how to apply March Madness to your financial well-being? There may be parallels between your bracket selection and investing.
Is it time to update your health insurance coverage? Starting November 1, you'll have a limited window to do so. Here's what to consider about changing your coverage.
One of the best decisions you can make is to prepare for the life you want after retirement. Lawyer retirement plans can be as grandiose or as simple as you want them to be.
Do you have a long-lost retirement account left with a former employer? Learn how to identify lost retirement accounts and reclaim your money.
