Why Are These Lawyers Choosing to Earn Less? Linklaters Lawyers Sign On For Reduced Salary

More Linklater lawyers are signing on to earn less money in a scheme permitting German non-partners to work 40 hour work weeks for reduced earnings.

The number of Linklaters lawyers who have signed on to the firm’s fixed-hours and reduced-rate pay career has doubled in less than three years, reports show.

Linklaters have taken an increasingly proactive approach towards their lawyers’ careers, including the recent reports on their risk averse approach towards firm social events.

“YourLink”, is a career path developed by Linklaters which offers pre-agreed, regular hours and comes into force on May 1.

It’s German origins come in part at least from the lengthy and onerous career path needed to achieve a legal career in Germany, which lowers the pool of qualified lawyers and also results in high competition from public service agencies and companies looking for in-house lawyers.

These roles have long been considered easier than working at law firms, where a work-life balance is seen as hard to achieve.

“We recognize that alternative, flexible options are increasingly in demand,” Thomas Schmidt, head of human resources at Linklaters, said.

The question for law firms now is whether the lower-earnings alternative is also something that captivates other law firms outside of Germany.

Recently on LawFuel

• Heard of ‘Ecocide?’ Is It The Latest Environmental Law Growth Area?
  Environmental law is a growth area, without doubt, with climate change and a range […] More
• What Is Facebook Doing About Donald Trump’s Suspended Facebook and Instagram Accounts – And Should We Even Care?
  The suspension of Donald Trump’s social media accounts on Facebook and Instagram (let alone […] More
• Parlous Start to Parler Antitrust Lawsuit Against Amazon
  The far-right Parler social media platform is facing a tough road in its antitrust […] More
• NY Bar Association Seek To Dump Rudy Giuliani From Membership
  In what may be his greatest indignity – after a mounting compost heap of […] More
• 18 Law Firms Ask VP Pence to Invoke 25th Amendment To Remove Trump
  stitutional Democracy Washington – January 8, 2021: Eighteen law firms joined Crowell & Moring […] More
• Pandemic Drives Law Firm Mergers Down in 2020
  Law firm mergers have been hit by the coronavirus pandemic. Mergers dropped by 43 […] More
• The Lasting Litigation Legacy Left By A Leading QC – For Litigators Everywhere
  The death on Christmas eve of one of Britain’s leading barristers, Edmund King QC, […] More
• The Lawyers’ Vacation Truce – It May Not Exist But 2021 Is Here With, Or Without It
  When AbovetheLaw writer and lawyer Jordan Rothman wrote about a ‘holiday truce’ for lawyers, […] More
• Law Firm Disrupter Keystone Picked As A Top 2021 Stock
  Keystone Law is a so-called ‘platform-based’ law firm that lets offices work from home […] More
• The Worst of The Trump Pardons
  Trump’s recent pardons have followed form – a cot-throwing, screw you attitude towards his […] More
• Big Law & Boutique Law Firm Bonuses Boost Law Pay
  The Big Law firms have been kicking off their bonuses with some using tailored […] More