Cravath Sets A Lawyer Pay Hike Benchmark – Will Others Follow?
Has Big Law’s big dog firm Cravath Swaine & Moore set off a burst of wage hikes in the wake of its 12.5 per cent increase – the first in almost 10 years? Maybe. Since the GFC law firm economics have changed as clients resisted fee levels and the justification for higher fees became more difficult. […]
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