Lawyer Compensation - General
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With a Flurry of Announcements, Bonus Season Is in Full Force
By Dylan Jackson | November 12, 2019
Paul Weiss, Fried Frank, and Clifford Chance are among the firms that have announced identical bonus rates—a sign that, as in years past, firms are willing to match the market leader in associate pay.
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Clifford Chance Holds US Associate Bonuses To Match Cravath, Milbank Rates
By Hannah Roberts | November 12, 2019
The Magic Circle firm's announcement follows that of U.S. heavyweight firms Milbank and Cravath, Swaine & Moore.
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International Edition | Analysis
Should More Partner Compensation Systems Include Punishment for Misbehaviour?
By Dylan Jackson | November 4, 2019
Most law firms do not punish misbehaving rainmakers with financial penalties, but such punitive measures are common throughout corporate America and the banking industry.
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Lockstep Model Is Doomed, Says Recruiter Behind Freshfields' Hires From Cleary
By Christine Simmons | November 4, 2019
Mark Rosen, who placed Cleary's Ethan Klingsberg at Freshfields and Cravath's Scott Barshay at Paul Weiss, discusses Klingsberg's move, the state of partner compensation and what he's working on now.
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Government Paid Slaughters Nearly £3M in August, Data Reveals
By Hannah Roberts | October 25, 2019
The figure includes a share of £800,000 for legal advice on the government's ferry contracts.
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Pinsent Masons Delays Partner Profits Payout
By Rose Walker | October 14, 2019
The firm failed to hit billing targets earlier this year.
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Reed Smith International Turnover Grows Just 1% Amid Profits Drop
By Meganne Tillay | October 10, 2019
The firm paid out 5% more to its highest-paid partner during the most recent financial year, its LLP accounts show.
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Norton Rose Tops Rivals With NQ Pay Boost to £114,000 Maximum
By Meganne Tillay | October 9, 2019
The firm's base rate is higher than that of rivals Macfarlanes and Travers Smith.
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Weil Top London Partner Pay Jumps by 40%
By Hannah Roberts | October 9, 2019
The U.S. firm grew its operating profit rise by 23% to hit £70.2 million in 2018.
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O'Melveny Grew London Profits Over 400% in 2018, Accounts Reveal
By Rose Walker | October 8, 2019
The U.S. firm's London arm is in the process of looking for new office space.
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