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International Edition

Shearman NQ Pay to Shrink by £20K Post-Merger

Once A&O Shearman goes live, the firm will adopt A&O's current remuneration structure, by which NQs are currently paid £125,000.
2 minute read

International Edition

Gender Pay Gap: Elite UK Firms Show Little to No Improvement

Freshfields, Clifford Chance, Allen & Overy, Linklaters and Slaughter and May have all published gender pay gap data for 2023.
4 minute read

International Edition

Latham & Watkins Grows Bonus Pool With 15% of Profits, as Firms Seek Flexibility to Reward Top Earners

While Latham has been gradually expanding its bonus pool, other firms have reallocated the value of share points to reach similar ends.
5 minute read

International Edition

The Leadership Implications of Overpaid Service Partners

"Most partners in support practices are earning dramatically more than they ever thought they would, and at root they know they're earning more than their practices warrant," writes Hugh Simons.
5 minute read

International Edition

Linklaters Veers Towards 3-Gate Lockstep System in Latest Talent Push

Top UK-founded firms are seeking to keep their remuneration models attractive to partners at risk of departing for lucrative roles at US law firms.
4 minute read

International Edition

The Future of Partner Compensation: How Profit-Sharing Systems Shape the Firm's Culture and Success

The likes of Paul Weiss and Linklaters have to decide on a remuneration system that reflects their culture and strategic objectives.
5 minute read

International Edition

Linklaters Begins Consulting On Cessation Payments

The step follows changes the firm made to its lockstep system in 2021.
2 minute read

International Edition

Pressure on UK Law Firms as US Competitors Raise NQ Pay Again

As US firms match the Cravath scale, domestic UK firms will fear falling too far behind.
4 minute read

International Edition

Young Talent: Is the Allure of Big Law Enough to Silence ESG Concerns?

Top recruiters explain how environmental and social impact is of increasing importance to talented juniors—and discuss whether the attraction of high pay and kudos is enough to overcome ESG failures.
7 minute read

International Edition

Firms Using the 'Black Box' Hope Ignorance Equals Bliss When It Comes to Partner Comp

"It is so much easier to keep people happy when they can't see someone is making more than them even though they have more in originations," said Jeffrey Lowe, recounting the message he hears from firms with opaque compensation models.
5 minute read

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