Deutsche Bank has received advice from Baker McKenzie about a historic financing deal for Mota-Engil West Africa that is linked to sustainability. The African Development Bank Group (AfDB) has provided a EUR 120 million non-sovereign Partial Credit Guarantee to support a EUR 170 million sustainability-linked loan.

Patrick Johnson is the firms new chief business development and marketing officer, Honigman stated today. Johnson, who joined Honigman from Cooley LLP, has over 20 years of expertise running business development and marketing initiatives in the legal and professional services sectors. He will work out of the Chicago office of the company.

Kellogg Hansen, a litigation powerhouse, recently offered special bonuses, which are obviously far over market. It should come as no surprise because the firm’s base pay levels have long been at the top of the Biglaw scale, and its year-end incentives are also substantial. This simply puts additional money in the coffers of Kellogg associates.

In the most recent Am Law 100 ranking, Sullivan & Cromwell ranked No. 25 after earning $2,050,719,000 in gross revenue in 2024. Instead of publishing compensation-related memos, S&C provides its attorneys with customized links. Our sources claim that the company is keeping up with the market and matching the current bonus rate.

Pallas Partners, a London and New York-based firm created by former Boies Schiller managing partner Natasha Harrison, is the newest boutique showering associates with cash. After receiving their market incentives, associates may be eligible for step-up bonuses, which could increase their take-home pay by up to 80%.

We will continue to see consolidation when you’re operating in an environment with weak overall demand growth; meanwhile, the cost of operating these highly sophisticated enterprises is rising.

Biglaw’s bonus season is proceeding as planned, with firms continuously matching the current scales. Milbank set the standard for special bonus scales, and Cravath once again established the year-end incentive system. The industry quickly followed suit. Businesses are reporting one by one that the bonus picture for associates this year appears to be quite familiar…

Although Biglaw is known for paying its employees a lot of money, boutique companies regularly give their employees incentives. The bonuses Perry Law is giving its employees are undoubtedly above market, therefore they must have had a fantastic year financially.

With effect from January 1, 2026, Danielle Comanducci, Audria Crain, Tyler Cunningham, Daniel Goldstein, Todd Heffner, Jonathan Koechley, Lisa Mazzone, Christopher Smith, Jacqueline Van Laningham, and Mina Zhan have been elected to the partnership of Smith, Gambrell & Russell, LLP.

In this Spotlight from The Lawyer, Rachael O’Grady talks about how the space industry is booming, generating opportunities, driving funding, M&A, and complicated cross-border disputes. She also explains how our integrated, “one-stop shop” approach helps customers at every stage of the lifecycle: upstream, midstream, and downstream.