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International Edition

Allen & Overy Partners Vote on Lockstep Changes

The vote will conclude by the end of October, according to a person at the firm.
2 minute read

International Edition

Could Remote Working Cause London Legal Salaries to Fall?

Several partners have questioned the viability of paying more to London lawyers when many are working remotely and outside of the capital.
8 minute read

International Edition

Willkie Announces Fall Bonuses, Potentially Reviving Associate Compensation War

Willkie is the first firm to match Davis Polk's fall associate bonus scale since Cravath, Swaine & Moore declined to do so last week.
3 minute read

International Edition

As Some Leading Firms Abstain for Now, Are the Fall Bonus Wars Over?

"This move about extra bonuses seems contrary to the conservative fiscal approach that most of corporate America is taking right now," said in-house legal department consultant Jason Winmill.
4 minute read

International Edition

Paul Weiss: COVID-19 Bonuses 'Would Not Be Appropriate'

The firm cited concerns over how such an act would be perceived by clients who may be under financial duress as a primary driver in the decision.
3 minute read

International Edition

Weil London Profits Plummet Amid Higher Staff Costs

Profits available for division among London members fell by a quarter in the latest financial year, LLP accounts show.
2 minute read

International Edition

White & Case Boosts London NQ Pay By £25K As Trainees Also Handed Rise

The firm delayed making an announcement on associate salaries earlier this year due to the COVID-19 pandemic.
2 minute read

International Edition

'I Don't Think Money Is the Answer': How Firms Can Preserve Young Talent

Training. Transparency. Career development. Ownership. Community. Values. Firms have a lot of options when it comes to catering to the future. But they need to be intentional in how they use them if they are going to be effective.
9 minute read

International Edition

Freshfields to Review Lockstep Yet Again as Pay Wars Heat Up

The firm's new senior leadership team is returning to the thorny issue, less than a year after changes were ruled out.
3 minute read

International Edition

Skadden 'Paid Out More Than $5m' For Top Freshfields Hire

The figure shows the challenge facing Freshfields in its attempts to hold onto highly-regarded partners.
2 minute read

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