Categories:Corporate,UK

Clyde & Co partners boost profit share and reduce contributions

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  • I find it staggering at how a firm of this size can justify paying 21k to a paralegal in London. I'd hate to think what Clydes' associates get paid.

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  • Seriously? No wonder profits are through the roof.

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  • The pay at their Oxford office is poor, not even market rate for the Thames Valley as I have been advised repeatedly by agents. Still, with mostly NQs and juniors in place there, I suppose they can get away with it.

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  • £21k? How do they expect anyone else to live while they send their kids to Eton etc? Not just the bankers who are greedy city boys.

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  • "sold off £1.1m of cars". Can someone explain? Was this company cars being sold?

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  • 21k for a paralegal - i.e. a law graduate probably with a post grad qualification too, no doubt working all hours, living in one of the most expensive cities in the world - sounds like a fair wage to me.

    The stat about £1.1m of cars on the other hand - wow.

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  • Yet at the last pay review most were sold a sob story about needing to tighten belts, in an attempt to justify below inflation pay rises. As for the Oxford office the pay is a problem for retention and recruitment!

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  • I have really been impressed by Clydes: (1) taking their rival BLG out of the picture and (2) expanding exponentially abroad (which has been v. exiting just to watch). Whoever has been in charge of their strategy deserves their dues but how extremely exploitative of the current turmoil in the legal employment sector, not least of all the difficulties new graduates face getting a foot on the ladder, to pay so very little.

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  • Hard to believe they've sold off His car when His chair is still warm...

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  • Pay rises all round then?

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