- Managing candidate salary expectations in the hiring process
In the increasingly competitive “war for talent” we are experiencing in the world of hiring these days, you’d be forgiven for being a little surprised to hear that there are employers who will go through a lengthy application...
- Expense Reduction Analysts' Jan-Feb legal services bulletin
Three New Year legal sector surveys caught my eye, each of which emphasises the need for firms to adopt, or continue with a focus on cost reduction and process improvement during 2013.
Firstly, the publication of the The Law...
- Bird & Bird accounts show €1m top pay figure as firm cuts net debt by 12%
Bird & Bird's highest-paid member for 2011-12 earned €1m (£812,000), up 15% on the previous year's top figure of €868,000 (£705,000), the firm's limited liability partnership (LLP) accounts have revealed.
The firm, which uses...
- SRA scraps minimum salary for trainees
The minimum salary for trainee solicitors will be scrapped on 1 August 2014, the board of the Solicitors Regulation Authority (SRA) decided yesterday, saying it is not the job of a regulator to control wages.
Firms will be required...
- Freshfields NQs to make at least £65k as new merit pay system kicks in
Freshfields Bruckhaus Deringer has confirmed associate salaries under its new merit-based pay scheme, with newly-qualified (NQ) lawyers set to make at least £65,000 - £3,500 more than those at rival magic circle firms.
The firm has...
- North-West lawyers top in-house salary rankings
Young in-house lawyers based in the North West are earning thousands of pounds more than their peers in other regions.
New figures show that the average salaries for solicitors with only one to five years’ post-qualification...
- Balance Recruitment and ILFM conducting salary survey - they need your input!
Balance Recruitment, together with the ILFM are conducting a comprehensive salary survey for accounts staff working within Law Firms across the UK and need your input to gather accurate data!
As an added incentive for...
- SRA: trainees could be paid £2.60 an hour in first year if minimum salary is scrapped
The Solicitors Regulation Authority (SRA) is to consider retaining the minimum salary for trainee solicitors at the level of the national minimum wage after discovering that without it trainees would be classed as apprentices and so could be paid...
- CBI welcomes moderate rise in minimum wage, seen as good for businesses
Freezing the minimum wage will help reduce one of the barriers to employers deciding whether or not to take on a young person.
The CBI commented on the announcement of changes to the National Minimum Wage rates from October 2012,...
- Diamond Jubilee: Issues for employers concerning holiday entitlement
There is no statutory right to bank/public holidays, so the announcement of an extra bank holiday does not increase any entitlement to holiday.
Summer may seem a long way off but celebrations have already begun to commemorate the...
- Pay rises highest since 2008
Employees are enjoying the highest pay rises seen since December 2008, according to research published today.
Data from the XpertHR February 2012 pay trends survey shows that the median pay rise in the three months to the end of...
- DLA's Knowles got £1.7m profit share in 2010-11
DLA Piper’s highest earning partner, understood to be joint chief executive officer and managing partner Nigel Knowles, earned £1.711m in 2010-11, up from £1.627m the year before, according to the firm’s LLPs.
- BLP's top-earner got £1.65m profit share in 2010-11
Berwin Leighton Paisner’s (BLP) highest paid partner got £1.65m in 2010-11, according to the firm’s LLP accounts, up from £1.6m the year before.
Average profit per equity partner at the firm in 2010-11, meanwhile, was £712,000. The...
- Government to press ahead with exec pay shareholder votes
But Cable dismisses pay ratios and workers on remuneration committees.
Shareholders will be given more power to decide on executive pay while there must be more transparency on how performance is measured, Vince Cable has announced...