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International Edition

Commercial Lawyers Are Operating in a Bubble

Elite lawyers are working in half-empty 'state-of-the-art' offices, with poor diversity stats and wildly high salaries, writes the London Lawyer.
4 minute read

International Edition

3 Am Law 50 Firms Continue to Struggle to Withdraw From Representing Sanctioned Russian Banks

Latham & Watkins and its client, VTB Bank, have already missed two deadlines to get substitute counsel to file an appearance notice, and requested, in a letter addressed to a federal judge, an additional two-week extension until July 7.
5 minute read

International Edition

Allen & Overy Will Not Raise NQ Pay to Match Rivals

The decision suggests a slowing of the pay war that has taken place in the industry over the last 12 months.
2 minute read

International Edition

Cravath Partners Pump In Money To Bonus Pool As Part of Pay Overhaul

Cravath has overhauled its compensation system in recent months.
4 minute read

International Edition

Some Law Firms Are Paying Fully Remote Attorneys the Same as Others. Will That Change?

While several law firms are paying remote hires on the same scale as others, any economic downturn could quickly shift the dynamics.
5 minute read

International Edition

UK Conservative MP Paid More Than £1.1M By Withers In Last Year

The figure includes an annual salary of £400,000.
2 minute read

International Edition

Clifford Chance Ups NQ Pay to Match Freshfields' Base Rate

Freshfields Bruckhaus Deringer set the new Magic Circle pay rate in April.
2 minute read

International Edition

Top Spanish Firm Cuts Hours Targets for Lawyers on Maternity Leave

The firm found that lawyers on maternity leave were less likely to receive a bonus compared to those on paternity leave.
2 minute read

International Edition

Reed Smith Fee-Earners Can Now Record 'Sustainability Projects' As Billable Hours As Part of 2-Year Environmental Plan

Reed Smith has launched a sustainability plan which includes carbon emission targets as more firms ramp up their ESG efforts.
2 minute read

International Edition

DLA Piper's Big Question: Is It Time For Financial Integration?

Partner concerns around merging profit pools include possible de-equitisation of partners in the non-U.S. arm.
10 minute read

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