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International Edition

Spencer West's 70-30 Fee Split May Be a Game-Changer for African Law Firms

The firm, with more than 260 partners in the U.K. and overseas, launched two offices in Africa in early 2024 and hopes to disrupt the market with their remuneration model.
5 minute read

International Edition

Sidley Raises NQ Rates Again as Pressure to Join Fray Mounts

Competition for the best junior talent is once again intensifying.
2 minute read

International Edition

Hogan Lovells Overtakes Slaughter and May on NQ Pay

A&O Shearman, Clifford Chance, Linklaters, and Freshfields Bruckhaus Deringer have all chosen to increase their own salaries to £150,000 in recent weeks.
2 minute read

International Edition

Goodwin Latest Firm to Raise NQ Salaries as Pay War Looms

The firm's offering now exceeds that of rivals Milbank and Vinson & Elkins.
2 minute read

International Edition

Linklaters Halts Plans to Withhold Distributions to Departing Partners

The decision is part of wider suite of changes to how the firm rewards departing partners and will see it stop paying sums it handed partners who depart the firm after more than 20 years' service.
2 minute read

International Edition

A&O Shearman Succumbs to NQ Race by Raising Pay to £150K

The firm matches rivals Clifford Chance, Freshfields and Linklaters.
2 minute read

International Edition

Clifford Chance Latest Firm to Match £150K NQ Rate

The move, which draws the firm level with Linklaters and Freshfields, signals the start of a UK pay war and piles yet more pressure on A&O Shearman.
2 minute read

International Edition

Is There a Maximum Number in This Salary Race?

What we need is a market peak, a Usain Bolt of the legal world that sets a junior lawyer pay rate so far ahead that no one can beat it, but AI might make the problem worse, writes the Global Lawyer.
6 minute read

International Edition

Once 'Unheard Of,' $20M Pay Becomes Standard For Top Partners at Davis Polk, Simpson Thacher

So how did the industry get to this reality, where partners at the top firms are paid in the neighborhood of $20 million?
5 minute read

International Edition

Are We on the Cusp of a New NQ Pay War?

US-led firms don't want to pay more in London than they do in New York, and most UK firms are reluctant to play the US game, but moves by Freshfields and Linklaters have put others under pressure.
6 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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