Hogan Lovells’ UK newly-qualified (NQ) lawyers pay has risen 5%, as the firm increases junior associates’ salaries.
Continue reading “Hogan Lovells hikes NQ pay by 5% in latest round of City increases”
White & Case‘s London associates have seen a significant increase in their pay with the US firm awarding its newly qualified (NQ) associates with a £15,000 pay hike for 2017.
In 2015 CC made amendments to its pay structure to allow leading partners to go up to 130 points, while plateau partners, as well as teams and geographies contributing less may be brought down and capped at 70. The ladder previously ranged from 40-100.
Continue reading “Playing catch-up: CC to push on with remuneration changes”
Eversheds LLP’s have revealed that the firm’s average remuneration per member has dropped 10% from £410,000 to £386,000 as the firm’s staff costs have increased 16% from £150.2m to £174m. Continue reading “Eversheds average member remuneration drops 10% to £386,000, as staff costs increase 16% to £174m”
Lawyers on Demand (LOD) has recorded an 18% upsurge in turnover for the 2015/16 financial year, according to its latest filings with Companies House. Revenues rose from £12.3m to £14.6m in the last financial year. Continue reading “Lawyers on Demand records double-digit revenue growth as top-end salaries soar”
Allen & Overy‘s (A&O) c-suite including its senior partner and managing partner, global practice heads and support directors took home £13.6m in 2015/16, up 7% on last year’s £12.7m, the firm’s accounts reveal. Continue reading “A&O management sees a 7% increase to pay amid modest revenue growth”
Clyde & Co‘s highest-paid LLP member received £1.4m during the last financial year, while its merger with Simpson & Marwick brought in an additional £7m in profit in 2015/16.
The latest release of firm LLP accounts at Companies House has seen Holman Fenwick Willian drastically reduce pay to its top member, as Fieldfisher has increased its top member pay and given more to its leadership team. Continue reading “LLP accounts: Holman Fenwick slashes top member pay as Fieldfisher boosts leadership remuneration”
Staff at King & Wood Mallesons‘ (KWM) European partnership will be left without salary payments following the breakdown of negotiations with Barclays. Continue reading “Barclays blocks pay for all KWM Europe staff as partnership continues toward administration”
Clifford Chance‘s (CC) 12-strong executive leadership group saw their combined pay packets increase by 7% to £15m, the firm’s LLP accounts for 2015/16 on Companies House reveal. Continue reading “Leadership pay at Clifford Chance up 7% in 2015/16 after falling the year before”
