Lawyer Compensation - General
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Linklaters, Other Law Firms Call For Mandatory Ethnicity Pay Gap Reporting
By Varsha Patel | October 16, 2020
Five law firms are among a number of business leaders to call on the U.K. government to enforce ethnicity pay gap reporting.
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Allen & Overy Partners Vote on Lockstep Changes
By Rose Walker | Meganne Tillay | October 15, 2020
The vote will conclude by the end of October, according to a person at the firm.
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International Edition | Features
Could Remote Working Cause London Legal Salaries to Fall?
By Hannah Roberts | October 12, 2020
Several partners have questioned the viability of paying more to London lawyers when many are working remotely and outside of the capital.
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Willkie Announces Fall Bonuses, Potentially Reviving Associate Compensation War
By Dylan Jackson | October 9, 2020
Willkie is the first firm to match Davis Polk's fall associate bonus scale since Cravath, Swaine & Moore declined to do so last week.
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International Edition | Analysis
As Some Leading Firms Abstain for Now, Are the Fall Bonus Wars Over?
By Dylan Jackson | October 7, 2020
"This move about extra bonuses seems contrary to the conservative fiscal approach that most of corporate America is taking right now," said in-house legal department consultant Jason Winmill.
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Paul Weiss: COVID-19 Bonuses 'Would Not Be Appropriate'
By Patrick Smith | October 6, 2020
The firm cited concerns over how such an act would be perceived by clients who may be under financial duress as a primary driver in the decision.
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Weil London Profits Plummet Amid Higher Staff Costs
By Hannah Roberts | October 6, 2020
Profits available for division among London members fell by a quarter in the latest financial year, LLP accounts show.
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White & Case Boosts London NQ Pay By £25K As Trainees Also Handed Rise
By Hannah Roberts | October 5, 2020
The firm delayed making an announcement on associate salaries earlier this year due to the COVID-19 pandemic.
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'I Don't Think Money Is the Answer': How Firms Can Preserve Young Talent
By Patrick Smith | October 5, 2020
Training. Transparency. Career development. Ownership. Community. Values. Firms have a lot of options when it comes to catering to the future. But they need to be intentional in how they use them if they are going to be effective.
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Freshfields to Review Lockstep Yet Again as Pay Wars Heat Up
By Rose Walker | October 2, 2020
The firm's new senior leadership team is returning to the thorny issue, less than a year after changes were ruled out.
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