Sad but true. Newly qualified lawyers in the UK are up for more pay cuts as firms like Clifford Chance, Allen & Overy, Slaughter and May and Hogan Lovells have all announced salary reductions for solicitors qualifying this autumn, while the jury is out for firms like Linklaters who are still in pay discussions. The […]
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Goodwin Procter’s ‘Stealth Layoffs’ For Associates
Jennifer Bridges – Big Law firm Goodwin Procter is apparently implementing layoffs by stealth according to reports. The firm, which grosses over a billion dollars in revenues, is reportedly cutting associates, having already reduced staff numbers. Using ‘stealth tactics’, the firms can reduce employee numbers almost undercover where they avoid referring to cutbacks that relate […]
Lawyers Pick Up Summer Program Cash – But Either Virtual Or No Programs On Offer
The coronavirus crisis has seen many law firms cancel their summer intern programs, but many firms are continuing to pay their associates as much as $3600 a month despite reducing their summer intern programs. The pandemic has created a range of reactions from law firms, which would normally see market leaders set the framework for […]
Law Firm Paycuts Everywhere & The Key Question: “Do We Have Too Many Lawyers?”
Law firms are increasingly cutting salaries to get their way through what one law publication terms the ‘coronapocalypse’. The largest law firms in the world are chopping pay, bonuses and leave with the trend continuing even as many are seeing light at the end of the dark Corona tunnel. But some key questions about how […]
The Bigger the Better? Understanding the Biglaw Salary Scale
You have no doubt heard the term Biglaw, but may not be able to place your finger on an exact definition. You are not alone in that. Biglaw is an industry-specific nickname for high-revenue law firms with large headcounts. It can also refer to smaller firms that pay their lawyers a market rate salary, or […]
How COVID-19 Will Create Law Job Winners and Losers – The Places to Be (And The Places to Leave)
The COVID-19 virus has shaken the world economy like a war – and indeed it is a war – and the law profession and law job searching will be equally changed by these events. So far as legal recruitment and law careers are concerned, the full effects of the COVID-19 virus are still far off. […]
LawFuel Law Firm Reviews
LawFuel Law Firm Reviews Anonymous law firm review Add your star rating 5/5 The Honesty Pledge Thank you for contributing to the new LawFuel law firm review site. Your opinion will help others make decisions about jobs and companies. Please adhere to our policy: Aggressive or discriminatory language Profanities Trade secrets/confidential information Thank you […]
