NEXT

International Edition

Clifford Chance Defers Partner Distributions in Virus Response

The firm has also said that it will be freezing salary reviews and pay increases to offset the economic effects of the COVID-19 pandemic.
2 minute read

International Edition

Dentons' UK and Middle East Arm Furloughs Over 100 Staff, Withholds Distributions

The decision comes a week after the firm slashed Europe and Central Asia partner profits.
2 minute read

The American Lawyer

Dentons Joins In Compensation Cuts, But Vows It Won't Abandon US Growth Strategy

The reductions, for U.S. partners, attorneys, and staff, will hit the firm's mostly highly compensated partners hardest, with cuts "much higher" than 20%.
5 minute read

International Edition

Law Firm Furloughing: What Do GCs Think?

One UK GC described the step as 'morally repugnant', others say they would not hold it against their firms.
4 minute read

International Edition

Morgan Lewis Bucks Trend and Raises Salaries as More Cut Pay

As the COVID-19 pandemic rages, most law firms have taken steps to cut salaries and other costs.
2 minute read

International Edition

UK Top 50 Firm Furloughs 170 Staff 

The firm has also reduced partner payouts, delayed bonuses and halted pay-review processes.
2 minute read

International Edition

Hogan Lovells Furloughs European Staff, Freezes Recruitment, Defers Partner Profits

The firm is furloughing fewer than 30 members of staff in Europe.
3 minute read

International Edition

CC Offers £400 Remote Working Allowance as Deloitte Legal Proposes Reduced Hours

Clifford Chance and RPC have provided their people with funds to buy necessary equipment for remote working.
3 minute read

International Edition

Ashurst Cuts Staff Working Week, Reduces Partner Drawings, Furloughing Staff

"The health crisis we are seeing in the countries where we operate is unprecedented," says the firm's managing partner.
2 minute read

International Edition

How Do Partners Feel About COVID-Driven Pay Changes?

Despite the effects, many partners feel strongly that cutting drawings is the right thing to do.
4 minute read

Resources

  • 5 Proven Steps to Accelerate Business Growth in a Crowded Legal Market

    Brought to you by AllRize

    Download Now

  • 2024 Report: Digital Payments in Class Actions and Mass Torts + a Special Look at Industry Fraud

    Brought to you by Western Alliance Bank, Member FDIC.

    Download Now

  • Law Firm Office Space Perspective: Major U.S. Markets

    Brought to you by JLL

    Download Now

  • Expanding Your Practice Areas: How to Expand Offerings that Attract and Retain Clients

    Brought to you by Filevine

    Download Now