Cutting back: Ashurst’s highest paid member hit with 11% pay decrease, as other staff costs fall

Ashurst‘s highest paid member pocketed 11% less in the 2014/15 financial year compared to 2013/14, the firm’s LLP accounts show. The member with the highest entitlement to profit took home a little over £1m compared to £1.1m the previous year.

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US bonus season: Skadden ups the ante with bonus as Simpson Thacher, Paul Weiss and others match Cravath associate pay

Wall Street’s top firms have announced their bonuses for associates, with many matching the levels of Cravath, Swaine & Moore, which became the first US firm to set the benchmark for US associate bonuses this year.

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