Legal Careers

Linklaters Make Latest Cuts for NQ Lawyers as Heady Pay Increases Slow Due to Pandemic

London

The COVID pandemic continues to eat into newly qualified (NQ) solicitors’ pay rates with Linkaters being the latest major law firm to announce further cuts to pay – this time a 10 per cent reduction. In June Allen & Overy and Clifford Chance both cut NQ rates by 10 per cent as a result of

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Monash Law Students Slam University Over ‘Elitist’ Exam Attitude

Angry student lawfuel

Monash University law school students are protesting the university’s procedures regarding their exam procedures in the COVID era, labelling them “classist, ableist and elitist” in a letter written by Monash students. Nearly 1000 students protested the strict measures taken by the school so far as exams are concerned, registering their frustration and anger at the

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Less Money For NQ Lawyers in London . . But There Is A Silver Lining

Sadlawyer

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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Top QC’s Advice to Law Job Seekers in The Changed Law World

Jimfarmer lawfuel

Susie Paul – Jim Farmer QC is used to giving advice to tough commercial clients, but he also has some tough advice for those seeking law jobs in the COVID world we now inhabit. As we recently reported the law jobs situation is significantly more difficult now with the COVID crisis, but the best thing

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Goodwin Procter’s ‘Stealth Layoffs’ For Associates

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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

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Lawyers Pick Up Summer Program Cash – But Either Virtual Or No Programs On Offer

Kid interns

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

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Law Firm Paycuts Everywhere & The Key Question: “Do We Have Too Many Lawyers?”

Jumpingship desertingjob

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

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How COVID-19 Will Create Law Job Winners and Losers – The Places to Be (And The Places to Leave)

Millenial jobs

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.

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