Lawyer Compensation - General
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International Edition | Features|Research
Discovering Dissatisfaction: Why UK Associates are Unhappy
By Charlotte Johnstone | November 7, 2023
An in-depth survey of nearly 200 UK associates at large law firms has found nearly a third feel morale has dropped over the last year, with emphasis on billable hours, salary disappointment and a 'tough' office culture among the factors responsible.
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Paul Weiss Could Adopt Nonequity Partner Tier in 2024
By Justin Henry | October 25, 2023
The New York firm is also considering altering the portion of equity partner pay that comes from firm profits vis a vis bonuses.
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International Edition | Features
'It's Cut-Throat': What Elite Barristers Really Think About Their Instructing Solicitors
By Tom Parry | October 11, 2023
Law.com International spoke with silks and senior juniors at the major London commercial sets about the 'beauty pageant' of selection, getting 'screwed' on fees, and the evolving barrister-solicitor bond.
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Stephenson Harwood's Top Partners to Receive Up to £2M as Firm Increases Top of Equity by 40%
By Aishah Hussain | October 9, 2023
The move means the firm's highest paid partners will receive towards the upper end of what UK Top 50 law firms tend to pay out, ahead of many other mid-market firms.
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International Edition | Features
How Travers Smith Stopped the Partner Exodus
By Charlotte Johnstone | September 28, 2023
Former insiders spoke of issues around the firm's inflexible lockstep and a perceived lack of global ambition—but the firm's managing partner Edmund Reed explains how these and others matters are being addressed.
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International Edition | Analysis
Paul Weiss' 'Shocking' Raid on Kirkland: How it Unfolded and What it Means
By Charlotte Johnstone | September 13, 2023
The firm's aggressive hiring strategy has so far seen 12 arrivals from Kirkland & Ellis, and one from Linklaters.
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Paul Weiss' Trio of Kirkland Hires Could Each Score $20M Yearly
By Justin Henry | Andrew Maloney | September 12, 2023
Their potential pay may not be the highest for partners at high-end Am Law 25 firms, where annual compensation for a handful is more than $25 million.
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International Edition | Commentary
Where Have All the London Rainmakers Gone?
By Paul Hodkinson | August 23, 2023
U.K. firms need to rethink their star culture if they want to compete on a global scale—A&O's tie-up with Shearman will be the first big test.
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Comp Likely to Top $10M Each for 3 Kirkland Laterals Jumping to Paul Weiss
By Justin Henry | August 18, 2023
The hires of U.K. partners Neel Sachdev and Roger Johnson and U.S. partner Eric Wedel mark the latest foray in the trans-Atlantic Kirkland-Paul Weiss lateral war that saw Kirkland recruit Alvaro Membrillera, previously Paul Weiss's London head.
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'Is the Answer to Sue?': A List of the Partners and Barristers Owed Millions by the Ince Group
By Jack Womack | July 11, 2023
'I have never experienced such unprofessional behaviour,' Ince's former head of corporate said of the firm's implosion that has left many out of pocket.
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