Lawyer Compensation - General
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Baker McKenzie Ups NQ Pay For 2nd Time In Under A Year, But Holds Trainee Rates
By Hannah Walker | July 12, 2022
Firms are taking different approaches to the pay war this year, with some sitting out.
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Akin Gump Hikes NQ Pay Bar in London As Junior Salary Debate Continues
By Hannah Walker | July 8, 2022
The firm's NQs are now the highest paid in the City, while CMS has also raised rates for a third time since last year.
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Bird & Bird to Hand Cost of Living Bonus to Trainees, Staff
By Rose Walker | July 4, 2022
The firm is the first in the Top 50 to publicly announce a move to aid its people as the UK economic outlook worsens.
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Linklaters in 'No Rush' to Up NQ Rates, It Tells Lawyers
By Varsha Patel | July 1, 2022
Key rival Allen & Overy decided not to raise its base NQ rate earlier this week, while Herbert Smith Freehills upped its rate on Friday.
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International Edition | Commentary
Commercial Lawyers Are Operating in a Bubble
By Paul Hodkinson | July 1, 2022
Elite lawyers are working in half-empty 'state-of-the-art' offices, with poor diversity stats and wildly high salaries, writes the London Lawyer.
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3 Am Law 50 Firms Continue to Struggle to Withdraw From Representing Sanctioned Russian Banks
By Colleen Murphy | June 30, 2022
Latham & Watkins and its client, VTB Bank, have already missed two deadlines to get substitute counsel to file an appearance notice, and requested, in a letter addressed to a federal judge, an additional two-week extension until July 7.
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Allen & Overy Will Not Raise NQ Pay to Match Rivals
By Rose Walker | June 30, 2022
The decision suggests a slowing of the pay war that has taken place in the industry over the last 12 months.
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Cravath Partners Pump In Money To Bonus Pool As Part of Pay Overhaul
By Patrick Smith | June 23, 2022
Cravath has overhauled its compensation system in recent months.
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International Edition | Analysis
Some Law Firms Are Paying Fully Remote Attorneys the Same as Others. Will That Change?
By Andrew Maloney | May 27, 2022
While several law firms are paying remote hires on the same scale as others, any economic downturn could quickly shift the dynamics.
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UK Conservative MP Paid More Than £1.1M By Withers In Last Year
By Jack Womack | May 26, 2022
The figure includes an annual salary of £400,000.
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