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International Edition

Clifford Chance Holds US Associate Bonuses To Match Cravath, Milbank Rates

The Magic Circle firm's announcement follows that of U.S. heavyweight firms Milbank and Cravath, Swaine & Moore.
2 minute read

International Edition

Should More Partner Compensation Systems Include Punishment for Misbehaviour?

Most law firms do not punish misbehaving rainmakers with financial penalties, but such punitive measures are common throughout corporate America and the banking industry.
4 minute read

International Edition

Lockstep Model Is Doomed, Says Recruiter Behind Freshfields' Hires From Cleary

Mark Rosen, who placed Cleary's Ethan Klingsberg at Freshfields and Cravath's Scott Barshay at Paul Weiss, discusses Klingsberg's move, the state of partner compensation and what he's working on now.
8 minute read

International Edition

Government Paid Slaughters Nearly £3M in August, Data Reveals

The figure includes a share of £800,000 for legal advice on the government's ferry contracts.
2 minute read

International Edition

Pinsent Masons Delays Partner Profits Payout

The firm failed to hit billing targets earlier this year.
2 minute read

International Edition

Reed Smith International Turnover Grows Just 1% Amid Profits Drop

The firm paid out 5% more to its highest-paid partner during the most recent financial year, its LLP accounts show.
2 minute read

International Edition

Norton Rose Tops Rivals With NQ Pay Boost to £114,000 Maximum

The firm's base rate is higher than that of rivals Macfarlanes and Travers Smith.
2 minute read

International Edition

Weil Top London Partner Pay Jumps by 40%

The U.S. firm grew its operating profit rise by 23% to hit £70.2 million in 2018.
2 minute read

International Edition

O'Melveny Grew London Profits Over 400% in 2018, Accounts Reveal

The U.S. firm's London arm is in the process of looking for new office space.
2 minute read

International Edition

A&O Closes Vauxhall Hub, Fires Gun On Pay Gap Reporting

The Magic Circle firm has decided not to expand the project following a pilot, but its has expanded its pay gap reporting to cover sexuality.
4 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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