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International Edition

Most Lawyers Would Not Take Pay Cut For Full Time Remote Work, Fear Policy's Impact on Retention and Women

Some lawyers are concerned that policies will discriminate against women, though one female partner quipped if she worked from home all of the time, it would give her male colleagues "a chance to crawl out from under my shadow!"
4 minute read

International Edition

Law Firm Profits May 'Plunge' This Year Amid M&A Slowdown and Expense Growth

Direct expenses shot up 13% in the first quarter after large bonuses and multiple associate pay increases went into effect, while recruiting expenses rose a staggering 121%.
3 minute read

International Edition

Regional UK Firms Eye External Investment, Research Shows

Mergers as well as credit facilities with litigation funders are increasingly viewed as viable options as regional outfits seek to grow rapidly.
2 minute read

International Edition

Hogan Lovells Hikes Bonuses, Revamps System After Partner Concerns

Senior associates and counsel at the firm will now be able to take home a salary bonus of up to 50%.
3 minute read

International Edition

Stephenson Harwood Cuts Pay For Remote Workers

Remote working contracts brought in during the pandemic have now been extended to longstanding members of staff.
2 minute read

International Edition

Weil, HFW Latest To Up UK Junior Lawyer Pay

HFW has upped rates by 15% and will hand out discretionary bonuses this month too.
2 minute read

International Edition

Pinsent Masons Hikes NQ Salaries By Over 20%

In the firm's regional offices, pay has leaped even further.
2 minute read

International Edition

Slaughter and May Ups Associate Pay

This follows the move by rival Freshfields Bruckhaus Deringer, which in April set the new Magic Circle pay rate for London NQs at £125,000.
2 minute read

International Edition

UK GCs Slam 'Unfair, Astronomical' Fee Rises As Some Bills More than Double

'It's not what I imagined with my long-term relationships', said one of the many GCs feeling the impact of inflated junior lawyer pay.
6 minute read

International Edition

Cleary's High Fees Condemned By Senior UK Judge

In a court battle between electronics giants LG and Samsung, a Court of Appeal judge said there was "no justification at all" for such inflated billings.
2 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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