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International Edition

Taylor Wessing Germany Ups Associate and Salaried Partner Pay

The move brings Germany pay closer to UK levels, where in August the firm lifted newly-qualified lawyer salaries to £115,000.
2 minute read

International Edition

Average Partner Pay 'Surges' in Both Equity and Nonequity Tiers

The average origination amount for a partner also shot up last year, amid a general trend of partners maintaining bigger books of business.
5 minute read

International Edition

Clifford Chance Further Modifies Lockstep to Better Reward Top Performers

The top of equity at the firm can now reach £12 million, according to one person familiar with the matter, amid a frantic London hiring market.
2 minute read

International Edition

It's Time Law Firms Were Upfront About Who Their Salaried Partners Are

Clients are paying more attention to who is doing the work they're getting billed for; yet the salaried partner tier endures, writes The Global Lawyer.
4 minute read

International Edition

A&O Shearman Adopts 3-Level Lockstep Pay Model Amid Shift to All-Equity Partnership

The changes follow the news that the firm is to trim its partner numbers and withdraw from certain areas, as elite law firms seek ways to better reward top performers.
3 minute read

International Edition

Cutting Partner Compensation Becomes Routine in Big Law

Some firms are making sharper pay cuts of partners, helping them pay their top performers.
5 minute read

International Edition

Law Firm and In-House Salaries on the Rise in Canada, Survey Says

Robert Half Canada's salary guide projects legal employers are on track to raise pay by 2% in 2025.
3 minute read

International Edition

Will Private Credit Produce Another Kirkland?

"If [law firms] don't have the right volume, the right connections, the right associates and the right knowledge management tools, they will burn out. The big players won't," said Akin Gump Strauss Hauer & Feld's Ranesh Ramanathan.
8 minute read

International Edition

The Growing Tension—And Opportunity—in Big Law Nonequity Tiers

Large law firms continue expanding their nonequity tiers each year, as firm management exerts tighter control over who receives firm profits.
6 minute read

International Edition

South African GC Salaries Climbing Quickly But Still Trail Law Firm Partners

Equity partners can expect to earn between $343,000 to $557,000 a year in 2025 with high earners taking home up to $1.2 million.
3 minute read

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