Lawyer Compensation - General
-
Reed Smith Fee-Earners Can Now Record 'Sustainability Projects' As Billable Hours As Part of 2-Year Environmental Plan
By Habiba Cullen-Jafar | May 18, 2022
Reed Smith has launched a sustainability plan which includes carbon emission targets as more firms ramp up their ESG efforts.
-
International Edition | Features
DLA Piper's Big Question: Is It Time For Financial Integration?
By Varsha Patel | May 12, 2022
Partner concerns around merging profit pools include possible de-equitisation of partners in the non-U.S. arm.
-
Most Lawyers Would Not Take Pay Cut For Full Time Remote Work, Fear Policy's Impact on Retention and Women
By Varsha Patel | May 11, 2022
Some lawyers are concerned that policies will discriminate against women, though one female partner quipped if she worked from home all of the time, it would give her male colleagues "a chance to crawl out from under my shadow!"
-
Law Firm Profits May 'Plunge' This Year Amid M&A Slowdown and Expense Growth
By Andrew Maloney | May 9, 2022
Direct expenses shot up 13% in the first quarter after large bonuses and multiple associate pay increases went into effect, while recruiting expenses rose a staggering 121%.
-
Regional UK Firms Eye External Investment, Research Shows
By Varsha Patel | May 9, 2022
Mergers as well as credit facilities with litigation funders are increasingly viewed as viable options as regional outfits seek to grow rapidly.
-
Hogan Lovells Hikes Bonuses, Revamps System After Partner Concerns
By Hannah Walker | May 9, 2022
Senior associates and counsel at the firm will now be able to take home a salary bonus of up to 50%.
-
Stephenson Harwood Cuts Pay For Remote Workers
By Hannah Walker | April 29, 2022
Remote working contracts brought in during the pandemic have now been extended to longstanding members of staff.
-
Weil, HFW Latest To Up UK Junior Lawyer Pay
By Rose Walker | April 21, 2022
HFW has upped rates by 15% and will hand out discretionary bonuses this month too.
-
Pinsent Masons Hikes NQ Salaries By Over 20%
By Jack Womack | April 19, 2022
In the firm's regional offices, pay has leaped even further.
-
Slaughter and May Ups Associate Pay
By Varsha Patel | April 12, 2022
This follows the move by rival Freshfields Bruckhaus Deringer, which in April set the new Magic Circle pay rate for London NQs at £125,000.
More From ALM
View Now
View Now
View Now
New York, NY
Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.
Learn More
New York, NY
Legalweek New York explores Business and Regulatory Trends, Technology and Talent drivers impacting law firms.
Learn More
London
Celebrating achievement, excellence, and innovation in the legal profession in the UK.
Learn More
The New Jersey State Commission of Investigation (SCI) is seeking an experienced and visionary leader to serve as its next Executive Directo...
Apply Now ›
We are a boutique firm specializing the area of real estate law and handling both litigation and transactional matters. We are seeking an as...
Apply Now ›
Rabb, Hamill, P.A, located in Woodbridge, NJ, seeks an experienced NJ licensed Personal Injury Trial attorney. The successful candidate wi...
Apply Now ›