Lawyer Compensation - General
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Linklaters and CMS Restart Partner Distributions After COVID Delays
By Simon Lock | September 11, 2020
Linklaters has already paid back partners their delayed distributions, and is set to return to its usual timetable.
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Eversheds Sutherland Partially Pays Back Cut Comp, but Pay Cuts Will Remain
By Meredith Hobbs | September 8, 2020
The U.S. branch of the firm is retroactively restoring half of the compensation cuts to employees from May through August, said U.S. co-CEO Mark Wasserman.
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Hogan Lovells Restores Lawyer Pay Retroactively, Bonus and Salary Reviews to Go Ahead
By Brenda Sapino Jeffreys | September 4, 2020
Hogan Lovells has lifted some austerity measures, including a 10% pay cut on associates in the U.S., Mexico and Brazil.
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More Cuts Coming as Firms Slim Down to Keep Partner Pockets Full
By Dan Packel | September 3, 2020
Altman Weil consultant Eric Seeger has spoken with roughly three dozen managing partners over the last month. Every one is looking into a head-count reduction.
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Taylor Wessing Proposes Longer Equity Path For New U.K. Partners
By Simon Lock | August 26, 2020
The proposals, if passed, would introduce a new layer of fixed-equity partners.
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The Ups and Downs of Australia's Listed Law Firms
By Christopher Niesche | August 25, 2020
HWL Ebsworth is reportedly considering listing on the stock exchange. Some other Australian firms have run into difficulties since joining the bourse.
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International Edition | Analysis
Partners' Gain Is Associates' Pain as Hours Move Upstream
By Patrick Smith | August 13, 2020
Client demand, and a promise of billable hour-related compensation mean that law firm partners are taking a larger share of available work during the pandemic, with associates losing out.
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International Edition | Analysis
Brazil's Mattos Filho Eyes Growth in Age of COVID-19
By Amy Guthrie | August 12, 2020
The leading Latin American firm credits a switch to a modified lockstep compensation model for much of its success.
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Norton Rose Cuts NQ Salaries But Boosts Newly Promoted Lawyer and Staff Pay
By Varsha Patel | August 12, 2020
The money cut from NQs will be reinvested to increase salaries for more senior associates, according to the firm.
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Macfarlanes Becomes Latest to Cut NQ Pay
By Meganne Tillay | August 3, 2020
The firm is set to pay out individual and firmwide bonuses as usual, however.
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