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

• Freshfields Joins Slim Ranks of Big Law Firm Female Leaders As Gender Diversity Moves Slowly Grow
  Dan Garner – Female law firm leadership ranks are growing – albeit slowly – […]
• “Notorious RBG” Dies: The Passing of a Legal Legend
  The legal and female judicial icon Justice Ruth Bader Ginsburg has died. The famed […]
• Big Law Belt Tightening Hits Both Younger & Older Lawyers as The Pandemic Bites Law Firms
  In the new era of COVID-invoked recession law firms are developing new strategies to […]
• Prestigious UK Law Firm Investigated Over Money Laundering Issues
  Mischcon de Reya is one of the more prestigious law firms in the UK, […]
• What Makes A Great Managing Partner in a Law Firm?*
  *According to a leading legal journalist who has gossiped and drunk with many Drinking […]
• Charles Manson’s ‘Disruptive’ Attorney Irving Kanarek Dies. Charles Lives Still At A Secure Address
  The lawyer who defended Charles Manson has died at age 100. Irving Kanarek (pictured […]
• Listed Law Firms in UK Take a Price Beating But Still Show Resilience
  Listing law firms was an exciting – and profitable – game for some time […]
• The ‘Eat What You Kill’ Mindset Means More Law Partners Taking Work From Juniors To Beat Billing Targets
  Partners at US law firms are taking a greater share of the work from […]
• Can The Idea From Some Big Law Firms of Working From the Partners’ Office Actually Work?
  Working from a partner’s office is hardly something most younger lawyers would dare attempt, […]
• The Women Disappointed in Meghan & Harry’s Choice of LA’s ‘Scarface Oligarch’ Mansion
  The Women Disappointed in Scarface Oligarch’s sale of mansion to Meghan and Harry
• The Woman In The Midst Of Freshfield’s Latest #Metoo Misery
  The #Metoo movement seems to follow Freshfields Bruckhaus Deringer like a very bad smell, […]