Law firm news by topic » Merit-Based Pay

Norton announces pay rises for trainees and NQs

Jul 19, 2014 Norton Rose Fulbright has announced a pay rise for newly qualified and trainee lawyers. Newly qualified lawyers will take home an extra £2000, with pay jumping from £63,000 to £65,000, backdated to May. The pay…

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Bonus time at small US law firms: slim pickings

Dec 9, 2010 Above The Law has run an informal survey on the bonuses offered by small law firms, with highly variable results. A third of respondents reported getting no performance-based bonus whatsoever. Of those that did get a…

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BigLaw bonuses won't make you happy

Nov 30, 2010 This article points out that the big law model requires a high level of attrition, and maximum profit is achieved if a good number of associates leave after three or four years. In this context, it is easy to see…

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