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International Edition

Dechert to Cut Global Workforce by 5%

The firm, which has offices in the U.K., Asia, the Middle East and Europe, is letting go of 55 attorneys and 43 business professionals, including a "redundancy" process that has begun in London.
2 minute read

International Edition

A&O and Linklaters Ended the UK Pay War—But At What Cost?

The two firms finally decided to match rivals on salaries last week but have they lost out after a year of being behind?
5 minute read

International Edition

Times Might Be Changing, But Prestige Still Rules

Lawyers watching the coronation may want to ask: what is prestige exactly, and does my firm still have it?
3 minute read

International Edition

Cravath Cuts Finance Associates in London Office

The cuts come soon after the elite Manhattan-based firm launched an English law offering for the first time.
2 minute read

International Edition

Allen & Overy and Linklaters Increase NQ Pay

The firms are catching up to their rivals.
2 minute read

International Edition

In Their Own Words: The Reasons Associates Move Jobs

'I want people to recognise the name when I tell them what firm I work for,' said one. 'To get a deposit in London quicker,' added another.
7 minute read

International Edition

Young Lawyers Are Willing to Sacrifice Their Comp for These Benefits

Many young lawyers said they would exchange some of their pay for lower billable hours, a recent survey found. Now more law firms are creating additional paths to partnership with lower hours requirements.
5 minute read

International Edition

Shearman's Financial Issues Mount, Sources Say, but New Leader Sees Path Forward

Senior partner Adam Hakki noted that while 2023 will be a transition year, many of the firm's practices are thriving and partners are being paid "consistent with our long-standing profit distribution practices."
7 minute read

International Edition

Cadwalader Makes Cuts in Associate and Business Professional Ranks

Sources familiar with the moves said the cuts in business professionals addressed business and efficiency needs while the attorney cuts followed the firm's annual review process.
2 minute read

International Edition

What Is Your Partnership Conversation Strategy?

Ideally, the partnership conversation is straightforward, with a senior decision maker tapping you on the shoulder. More often, the partnership conversation can feel more like dating than a business decision, with the firm often being the party playing hard to get.
7 minute read

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