At the beginning of 2024, Slaughter and May made a permanent fixture of its reduced pay for reduced hours policy.
Dubbed the ‘switch on/switch off’ model, the scheme gives associates the opportunity to reduce their working hours to 0.9 or 0.8 FTE for reduced pay. It comes at a time when workplace satisfaction is becoming a critical issue to law firm leaders tasked with retaining lawyers while grappling with rising costs.
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