Law firm news by topic » Pay

Leading London firms agree to pay above minimum wage

Nov 22, 2010 The Evening Standard has launched a new initiative called the London Living Wage Scheme, which encourages firms and companies to guarantee staff a minimum rate of pay of £7.85 per hour - £2 an hour above the official…

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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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Above The Law conducts small-firm salary survey

Oct 26, 2010 Above the Law has conducted a small-firm salary survey. The survey attempts to discover how salaries correlate with experience, including the question of whether lawyers can expect a jump in salary if they manage to…

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A new caste system for lawyers

Oct 6, 2010 This article contains some interesting insights on the state of play in the legal services industry after the recession. The main thrust of the article is a description of a new 'caste system' for lawyers made up of…

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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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Salary survey: non-equity partners

Sep 27, 2010 RollOnFriday has conducted an unofficial survey to determine how much salaried partners are getting paid. Their report finds that salaried partners at the biggest firms, such as

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Will an LLM increase your employment prospects?

Sep 23, 2010 The question of whether an LLM increases the employment prospects of graduates is one that has vexed many a young lawyer. And it is important that they find a satisfactory answer if they are to spend the time and money…

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