‘After Lehman collapsed, salaries still went up’: Magic Circle NQ pay rises as market cools Holly McKechnie ‘Law firms are stupid. They were stupid last time round. People forget but, after Lehman Brothers collapsed, salaries still went…
Time for a reality check on salaries Nathalie Tidman That one of the chief concerns among law firm leaders in Legal Business’ annual Global London report is the retention…
‘US firms have more buying power’ – Allen & Overy tight-lipped as partnership ushers in lockstep reform Nathalie Tidman The partnership of Allen & Overy has voted through reforms to its lockstep in a bid to increase rewards for…
Mixed results for A&O on gender pay gap but disability disclosure shows the right attitude Nathalie Tidman Allen & Overy has become the first of its peer group to reveal its pay gap statistics and, while gender…
RPC’s surprise partnership shake-up signals focus on next generation but is the firm still playing too safe? Marco Cillario Marco Cillario assesses the background to RPC’s decision to abandon all-equity structure At a November press event held by a…
Prestige, cash and a bit of spin: how to get ahead in trainee recruitment Thomas Alan As the associate pay war rages, Thomas Alan finds major firms are falling back on cultural tropes in the expensive…
HSF hikes associate pay package to £105k as firms jostle for talent Thomas Alan Herbert Smith Freehills (HSF) has joined the ranks of firms upping their associate pay commitments, boosting its compensation package to £105,000…
Linklaters digs down back of sofa to match rivals’ £100k associate pay packages Thomas Alan Linklaters has finished off the Magic Circle’s robust response to associate pay increases from US firms in London, raising its…
A&O pips Links to the post in Magic Circle NQ pay hikes Nathalie Tidman Allen & Overy (A&O) has become the latest Magic Circle firm to hike its salary for newly-qualified solicitors (NQs) to…
Pay for today: Slaughters boosts associate remuneration package to £100k as talent war intensifies Thomas Alan Slaughter and May is bolstering associate pay to a £100,000 including bonuses, becoming the latest of the City elite to…
Paywars III – City elite caught between rock and hard place Alex Novarese The news last month that Freshfields Bruckhaus Deringer was to push through the highest real-terms pay rises by a major…
CC follows Freshfields with £100k package for junior lawyers as pay war with US rivals intensifies Marco Cillario Clifford Chance (CC) has become the second Magic Circle law firm to raise the starting pay for its associates to…
City paywars: a history lesson – Freshfields hikes hark back to era of Magic Circle domination Alex Novarese The news this week that Freshfields Bruckhaus Deringer was to push through the highest real-terms pay rises by a major…
Shades of 2007: Freshfields sends NQ salaries soaring above £100k to head off talent threat from US rivals Nathalie Tidman Freshfields Bruckhaus Deringer is fighting the war for talent by becoming the first Magic Circle firm to raise its pay…
Bar Council seeks further PC fee hike as new figures uncover the millionaire barristers Tom Baker In a move unlikely to inspire mirth from Middle Temple, the Bar Council is seeking to establish new top-tier pay…
Linklaters sets sights on future talent as it raises trainee and NQ salaries for second time Marco Cillario Linklaters has announced the second increase in its trainee and newly qualified (NQ) salaries this year, with the latter now…
Different origins, same excuses: Kirkland, Bakers, Weil Gotshal and Mayer Brown reveal UK gender pay gap stats Nathalie Tidman US-based firms Kirkland & Ellis, Baker McKenzie, Weil Gotshal & Manges and Mayer Brown have revealed the gulf between male…
Upping the ante: City Law feels pressure on transparency as Big Four includes partners in gender pay stats Thomas Alan The Big Four accountancy firms have set a precedent for their legal counterparts by disclosing updated gender pay gap figures…
Progress but still work to do on Bunhill Row as Slaughter and May discloses gender pay disparity Thomas Alan Slaughter and May has become the latest magic circle firm to reveal a difference in pay between its male and…
LLP accounts: Clifford Chance leadership team pockets £16m following strong year Tom Baker The 13-strong executive leadership team at Clifford Chance (CC) took home £16m for the 2016/17 financial year, according to its…
