Law firm news by topic » Associates

The future of associate pay

Nov 3, 2010 Before the recession, graduate starting salaries grew at a rate that considerably outstripped inflation. When the demand for legal services dropped, law firms moved to protect partner profits by laying off staff,…

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Lateral hires face demotions and pay cuts

Sep 28, 2010 Many corporate, real-estate and other transactional associates have had a slow year, with deals and work-flow stalling in the tough economic climate. Many have shifted to other practice groups or done pro-bono work…

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16 per cent of young associates want out

Jul 27, 2010 UK recruitment consultancy Badenoch & Clark has released the results of a new survey, claiming that 24 per cent of young lawyers are looking to leave the profession this year. One third of that group aims to take an…

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A two-tiered system for associates?

Jul 21, 2010 For the past 20 years, firms have made the distinction between partners with an equity stake in the firm and those without. Justin T. Miller suggests, in the San Francisco Recorder, that it is time firms introduced a…

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