Firm’s pay incentives upped to match peers…
Falls in revenues more than matched by increases in profitability…
The figures so far…
Herbies joins the likes of Slaughters, A&O and Freshfields by increasing associate pay after last year’s freeze…
What would you prefer: lockstep binned or lockstep defrosted…?
For US associates…
From “Henry VI” by William Shakespeare…
The magic circle firm thaws its lockstep freeze and increases pay…
Plus other career excitement at Linklaters and Ashurst…
Apparently, its always a good year for attractive lawyers but we’ll come on to that…
For those of you that didn’t already know this…
Freshfield NQs and associates will be delighted at the news but will others be lucky enough to join them any time soon?
If you’re in it for the money, there’s encouragement from the highest parts of the legal tree…
So their new bonus scheme was scrapped before salaried partners went home and fetched their Winchesters…
So much for proposed ‘merit based’ approaches to appraisals; forget the box-ticking and pump up the billables…
