Wake Up Call: Listed U.K. Law Firms Rebound From Covid Hit

In today’s column, Covington partner Eric Holder, former U.S. attorney general, bills at $2,295 per hour, putting him among Big Law’s highest price counsel, a report says; King & Spalding matched the Davis Polk scale for associate bonuses but its memo doesn’t mention counsel; the lawyer who was a last-minute Trump administration appointment to be NSA general counsel has quit after getting sidelined by President Biden.

• Leading off, listed U.K. law firms, whose share prices were hit hard in the early days of the Covid-19 pandemic, have been making a comeback on the market, possibly reviving interest in legal-sector initial ...