Lawyer Compensation - General
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International Edition | Analysis
$20M and Still Going: Is Partner Pay a Bubble?
By Andrew Maloney | July 11, 2024
According to some industry observers, $25 million to $30 million is the new top rung for valuable laterals, high-performing partners and some Big Law leaders. It's still very rare, but not unfathomable.
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Clifford Chance Adapts Associate Bonus System in US-Style Shift
By Habiba Cullen-Jafar | July 11, 2024
The move is being viewed as a means to better compensate more hours billed in times of high demand, but without "actively encouraging a drive to a high billable culture".
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International Edition | Expert Opinion
Big Law Leader: 'Stay True to Foundational Principles'
By Richard A. Rosenbaum | July 8, 2024
Current trends—overpaying at the top, avoiding fundamental change, and allowing culture to take a back seat to money—do not constitute a recipe for long-term success.
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Australian Law Survey Reveals Persistent Gender Pay Gap, LGBQ+ Data
By Christopher Niesche | July 4, 2024
Data reveals persistent gender pay gaps across all ages in New South Wales' legal profession and includes first-time reporting on LGBQ+ lawyers.
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Paul Weiss Matches Market Leading London NQ Pay, Launches Training Contract
By Louis Altmann | July 1, 2024
The firm joins the likes of Quinn Emanuel and Gibson, Dunn as a market leader on NQ pay.
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Sullivan & Cromwell Resists 'Radical' Partnership, Compensation Changes
By Patrick Smith | June 28, 2024
Leaders of the Wall Street giant detail how they believe their approach to running a law firm—one that is increasingly unique among Big Law elite—is the best path forward for generational success.
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Macfarlanes Introduces Largest NQ Pay Percentage Increase Yet
By Louis Altmann | June 27, 2024
The increase suggest firms are becoming more ambitious with their pay increases.
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Spencer West's 70-30 Fee Split May Be a Game-Changer for African Law Firms
By Alfred Olufemi | June 24, 2024
The firm, with more than 260 partners in the U.K. and overseas, launched two offices in Africa in early 2024 and hopes to disrupt the market with their remuneration model.
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Sidley Raises NQ Rates Again as Pressure to Join Fray Mounts
By Krishnan Nair | June 14, 2024
Competition for the best junior talent is once again intensifying.
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Hogan Lovells Overtakes Slaughter and May on NQ Pay
By Jack Womack | June 13, 2024
A&O Shearman, Clifford Chance, Linklaters, and Freshfields Bruckhaus Deringer have all chosen to increase their own salaries to £150,000 in recent weeks.
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