Law firm news by topic » Pay

DWF's controversial pay rate disparity

Aug 23, 2013 Roll on Friday reports that the trainees qualifying at DWF next month will be paid more than some first and second year lawyers. The pay disparity arises from DWF’s acquisition of…

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ABA recommends changes to eliminate pay gap

Aug 22, 2013 Male law firm partners are still earning considerably more than their female colleagues. despite the fact that women have been 40-50% of law school students for decades. The Gender Equity Task Force of the American…

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Norton Rose Fulbright raises pay for NQs

Aug 19, 2013 Norton Rose Fulbright has announced a pay rise for its newly qualified (NQ) lawyers, lifting annual compensation by £1,500 to £63,000. Salaries for first and second year trainees at the firm have stayed at £38,000 and…

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ABA publishes guide to negotiating compensation

Jul 22, 2013 The American Bar Association has published a new guide entitled ‘What You Need to Know about Negotiating Compensation’. The guide is intended to help women in particular to navigate the system of formal and informal…

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This general counsel earned $10.9m last year

Jul 19, 2013 Corporate Counsel has published the results of its annual survey of in-house lawyer compensation. The highest paid general counsel in the US last year was Brackett Denniston III at General Electric, with a base salary of…

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New report shines a light on in-house lawyer pay

Jul 10, 2013 Corporate Counsel has reported on new data about the pay packages for in-house counsel: a survey of 1,700 in-house lawyers at around 480 US and Canadian companies. The “In-House Counsel Compensation Report” from…

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US firm Weil Gotshal & Manges makes mass redundancy

Jun 27, 2013 Weil Gotshal & Manges is making a mass redundancy, laying off 60 associates and 110 staffers. The firm also plans to reduce the compensation of about 10 percent of its partners (roughly 30 out of 300, with some income…

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