HSF enters pay war with newly-qualified base salaries above Linklaters and Slaughters Legal Business Herbert Smith Freehills has significantly bumped up pay packets, awarding its associates with a base salary of £82,000, up £13,000…
Linklaters the latest to match Cravath’s $180,000 associate pay in New York salary war Legal Business Linklaters has become the latest, and the last, of the Magic Circle firms in the US to match Cravath, Swaine…
Guest post: US associate pay – welcome to the New Mediocre Legal Business ‘New York To $190!’ was the long-running headline Above The Law printed frequently in more innocent and/or palmier days, with…
Sidley Austin hikes associate pay to secure Kirkland movers amid plans to launch in Munich Legal Business Sidley Austin is upping its game in the City by announcing it will increase the salary of all its London…
Linklaters ramps up associate salaries and rolls out flexible working after remuneration review Legal Business Magic Circle firm Linklaters has ramped up associate take-home pay after a lengthy review of its remuneration.
Comment: An open letter to Gen X partners and Millennial associates… Legal Business Dear partner, We know there is a lot of talk about the new generation of associates, how entitled and short…
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,…
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…
News in brief – July 2015 Legal Business FRESHFIELDS BREAKS CITY LOCKSTEP TO BRING IN KIRKLAND’S McKIMM Freshfields Bruckhaus Deringer’s hire of Kirkland & Ellis high-yield heavyweight Ward…
CC matches peers in associate salary race – both Slaughters’ £70k NQs and Links’ 3 year PQE pay Legal Business Clifford Chance has revealed its 2015 pay bands for newly-qualified (NQ) lawyers, matching the £70,000 NQ rates of Slaughter and May while also meeting…
Electoral maths: Partners at top firms to pay £42k more under Labour tax plans while associates are set to gain whoever wins Legal Business Law firm partners at major City firms are facing the prospect of a substantive hike in tax if the Labour…
Nearshoring: Hogan Lovells hires ten-strong associate team and acquires new office space for Birmingham venture Legal Business Having confirmed in early spring the launch of a new cost-efficient legal services centre in Birmingham, Hogan Lovells has hired…
Hogan Lovells hires ten-strong associate team and acquires new office space for Birmingham nearshoring venture Legal Business Having confirmed in early spring the launch of a new cost-efficient legal services centre in Birmingham, Hogan Lovells has hired…
Salaries: Allen & Overy thaws out and increases trainee/associate pay Jaishree Kalia After having decided to freeze pay earlier this year, Allen & Overy (A&O) has decided to up trainee, junior and…
Cleary bumps up London junior pay in end to salary freeze Legal Business Cleary Gottlieb Steen & Hamilton has increased its trainee and junior-level associate pay following a salary freeze, pushing second year post…
Slaughters, A&O and Linklaters announce associate pay increases Legal Business Trainees, NQs and PQEs to receive salary boost. Setting the bar for trainee, newly-qualified (NQ) and associate pay last month…
Eversheds UK associates largest beneficiary of partner promotions in 21-strong round Legal Business Eversheds’ UK associates are the beneficiary of over half of the top 15 firm’s latest partner promotions as 21 lawyers join…
Travers senior lawyers to be paid for interruptions to family life as firm adopts more merit-based model Legal Business Travers Smith has become the latest City firm to overhaul its lockstep for senior associates in a bid to incentivise and…
CC bumps starting pay to £63,500 with bonuses giving junior associates chance to earn over £100,000 Legal Business Despite generally gloomy market conditions there were renewed signs of underlying confidence at top London firms with Clifford Chance (CC) joining…
Old normal update – Linklaters outpaces Slaughters to hike starting associate pay by £2,500 Alex Novarese A further reminder comes this week that despite much talk of the pressure on the legal market (see Comment: Things…
