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International Edition

Two Thirds of Top Firms Reduced Partner Promotions This Year

Research demonstrates the sharp contraction of partnership opportunities amid the financial fallout of COVID-19, while experts say there are also other factors at play.
4 minute read

International Edition

Linklaters and Clifford Chance End COVID-19 Salary Freezes

The firms both initially froze salaries as part of a package of financial measures to counter the impact of the pandemic.
3 minute read

International Edition

Reed Smith To Restore Partner Monthly Draws, Staff Pay in Full

The firm is rowing back its COVID-19 financial measures like many of its peers.
2 minute read

International Edition

Allen & Overy Partners Approve Lockstep Changes

Partners approved changes this week, after proposals were put to them earlier in October.
2 minute read

International Edition

Clifford Chance Moves Towards Cash Accounting Model With Revamped Distributions System

A distributions system that calculates expected outgoings and collections signals a wider change in the firm's accounting model, insiders say.
3 minute read

International Edition

Akin Gump Pays Out Special Fall Bonuses to London Lawyers

Akin Gump Strauss Hauer & Feld is following the lead of Davis Polk & Wardwell by paying a special bonus to associates ranging from $7,500 to $40,000.
2 minute read

International Edition

A&O Partner Ethnicity Pay Gap Doubles, Firm Reveals Disability Pay Gap

The firm's partner gender pay gap has also grown this year, while gaps have narrowed for all-staff figures.
3 minute read

International Edition

CMS Vienna Resumes Hiring After COVID-19 Freeze

The firm is one of many to have implemented various recruitment freezes due to the pandemic.
2 minute read

International Edition

US Firm Pay War for A&O Partner Hit '$6.9M'

Another U.S. firm offered the London finance heavyweight 'around $5m' to join.
2 minute read

International Edition

Linklaters, Other Law Firms Call For Mandatory Ethnicity Pay Gap Reporting

Five law firms are among a number of business leaders to call on the U.K. government to enforce ethnicity pay gap reporting.
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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