Lawyer Compensation - General
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Travers PEP Plummets 20% As Profits and Revenue Dip Too
By Hannah Roberts | July 30, 2020
The firm has reported a 1% drop in revenues for the past financial year, citing the impact of the coronavirus crisis, Brexit and investment into the firm as reasons for the muted growth.
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Eversheds International Bucks Muted Trend With 8% Revenue Uptick, Profits and PEP Increases
By Rose Walker | July 30, 2020
The firm is one of few top international firms to have achieved increases across all three key metrics for the 2019/20 financial year.
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Freshfields Decides Against Changing Lockstep
By Varsha Patel | July 30, 2020
The firm had been considering a performance-based acceleration mechanism, allowing junior partners to jump more quickly up the pay ladder.
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Clyde & Co Profits Slide As Muted Results Season Continues
By Rose Walker | July 28, 2020
The firm said over half of its revenue came from its non-U.K. operations.
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RPC is Latest to Announce Drop in PEP
By Varsha Patel | July 27, 2020
The firm's revenue growth has also slowed, mirroring disappointing results at other top U.K. law firms.
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International Edition | Expert Opinion
Is The Pandemic Good Or Bad For Equal Pay?
By Anna Birtwistle and Hannah Taylor, Farrer & Co | July 27, 2020
The coronavirus pandemic threatens to slow progress in pay equity for female lawyers, but also provides a unique opportunity for law firms to effect change.
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Simmons Revenue Growth Slows As PEP Climbs 7%
By Varsha Patel | July 24, 2020
Meanwhile, Clarke Willmott's turnover hit over £50 million against a drop in net profit and PEP.
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Freshfields Revenue Growth Lags, PEP Dips As Firm Adds Further US Heft
By Varsha Patel | Simon Lock | July 22, 2020
Freshfields' revenue continues to lag behind its Magic Circle rivals as the firm continues to commit to growing its U.S. practice with the addition of a Washington D.C. partner.
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Ashurst PEP Falls Amid Muted Revenue Growth
By Varsha Patel | July 21, 2020
The firm's profit per equity partner fell by 7% but is still the firm's second highest figure since 2008.
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3 Jones Day Leaders Can Overrule Others in Pay Decisions, Gender Discrimination Plaintiffs Say
By David Thomas | July 21, 2020
According to plaintiffs in a discrimination suit, there were at least 23 instances in which Jones Day managing partner Stephen Brogan overruled the pay recommendations of local firm leaders.
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