Cutting back: Ashurst’s highest paid member hit with 11% pay decrease, as other staff costs fall Jaishree Kalia Ashurst‘s highest paid member pocketed 11% less in the 2014/15 financial year compared to 2013/14, the firm’s LLP accounts show.…
Clydes top-paid member took home 36% more in 2015, as firm’s profits rise Legal Business Clyde & Co rewarded its highest paid member 36% more, dishing out £1.8m in the 2014/15 financial year. the firm’s…
Freshfields top-paid member takes home £3.2m in 2015, 68% more than year before Legal Business Freshfields Bruckhaus Deringer‘s highest-paid LLP member took home 68% more last year, pocketing £3.2m at the end of the 2014/15…
Irwin Mitchell top earner pay falls as employee costs up 7%, accounts reveal Legal Business LB25 firm Irwin Mitchell has slashed the amount given to its highest paid earner by 30% from £1.22m to £849,000,…
DLA Piper pay to highest earning LLP member nears £2m despite firm’s profit dropping Tom Moore The highest-paid LLP member at DLA Piper International took home £1.96m last year, 8% more than the biggest payout last…
Twice as nice: Fieldfisher doubles pay to highest earning member, LLP accounts reveal Tom Moore The highest-paid LLP member at Fieldfisher took home £1.24m last year, almost twice as much as last year, following back-to-back…
US bonus season: Skadden ups the ante with bonus as Simpson Thacher, Paul Weiss and others match Cravath associate pay Legal Business Wall Street’s top firms have announced their bonuses for associates, with many matching the levels of Cravath, Swaine & Moore,…
Macfarlanes’ top-earning partner pay leaps by a third, annual LLP accounts show Legal Business The latest LLP filings at Companies House by Macfarlanes have shown the highest-paid member at the firm pocketed £2.04m in…
Cravath kicks off bonus season with associates in line for up to $100,000 Legal Business Cravath Swaine & Moore has set the benchmark for US associate bonuses becoming the first major law firm to announce its…
Linklaters pays out a third more to highest-earning member in latest LLP accounts Tom Moore The highest-paid LLP member at Linklaters took home £3.2m during the last financial year, a 33% increase on what was…
Sharing the pie: DLA Piper launches meritocratic remuneration review Legal Business Sector activity to become core part of pay assessment While other major firms break their locksteps to bring in high-profile…
Shearman abandons defined-benefit scheme to defuse pensions time bomb Legal Business While some US law firms have long ignored mounting pension liabilities, relying on annual profits to pay retirees, Shearman &…
Sharing the pie: DLA Piper launches meritocratic remuneration review Legal Business While other major firms break their locksteps to bring in high-profile recruits, DLA Piper is going the opposite way, launching…
Olswang launches 10% staff bonus to encourage entrepreneurs Legal Business After what has been a challenging couple of years for TMT firm Olswang, chief executive Paul Stevens is launching a…
Slater & Gordon to put non-exec director pay rise to vote at AGM Kathryn McCann Australian listed firm Slater & Gordon will ask shareholders to vote on a pay increase for its four non-executive directors…
KWM launches ‘global partner’ programme to secure star recruits Legal Business With its City rivals increasingly breaking their remuneration models for star hires, King & Wood Mallesons (KWM) has created a…
Keeping up with the Joneses – will A&O’s pay overhaul keep top talent? Sarah Downey Sarah Downey looks at the £20k pay boost and whether the market will follow suit Allen & Overy (A&O)’s decision…
KWM to smash lockstep pay limits for star partners as war for talent rages Legal Business With its City rivals increasingly breaking their remuneration models for star hires, King & Wood Mallesons (KWM) has created a…
‘Why £70k? That’s where we think we need to be’: Travers Smith boosts NQ salaries by 9% to match Slaughters Legal Business Having enjoyed another respectable financial performance for the 2014/15 year, Travers Smith has boosted its newly qualified (NQ) associate salaries…
£20k pay hike for A&O associates as firm folds bonuses into salary bands Jaishree Kalia Following a record financial year that has seen Allen & Overy (A&O) move ahead of Magic Circle rivals Linklaters and…
