September 29th in Careers, Credit Crunch, Mike Blouse by Editor .

Law of the Jungle: Eat what you Kill

Got clients. Got work. Need office space and an organisational umbrella to work under. Now Seddons are offering commission-only pay deals to lawyers according to The Lawyer . They are not the only ones either, the magazine reports that Davenport Lyons, ­Keystone Law and Cramer Pelmont all operate on a significantly commission-heavy basis for newcomers.

This is a slightly unusual tactic for law firms to employ; its more common in sales-oriented businesses where commissions can make up the bulk of …

Charles Tyrwhitt UK
 

Got clients. Got work. Need office space and an organisational umbrella to work under. Now Seddons are offering commission-only pay deals to lawyers according to The Lawyer . They are not the only ones either, the magazine reports that Davenport Lyons, ­Keystone Law and Cramer Pelmont all operate on a significantly commission-heavy basis for newcomers.

This is a slightly unusual tactic for law firms to employ; its more common in sales-oriented businesses where commissions can make up the bulk of salaries. But it’s not that surprising either and could be set to grow in popularity amongst smaller firms. Taking on expensive lawyers with no guarantee of their worth to the firm doesn’t make sense, particularly at the moment when any drag is unwelcome. So a tempting option perhaps, for lawyers set adrift with their own followings or individuals fed up with carrying deadwood through the downturn.

Seddons rolls out commission-only pay [The Lawyer]

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2 Comments

  • realist
    September 29, 2009
  • blogbelle
    September 30, 2009