Categories:Corporate,UK

Clyde & Co partners boost profit share and reduce contributions

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  • A lot of law firms could learn a lot from Clydes. My company has started to use it recently for contentious and non-contentious work. The work is always prompt, good quality and easy to digest. The most impressive aspect is the willingness of partners to get their hands dirty. None of this "let the juniors do it and I'll prentend that I've checked it and certainly bill as if I have" mentality that you get in a lot of firms. Pretty good value too we find. Bravo Clydes.

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  • They are clearly avid contributors to The Lawyer News 'comments' section...

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  • Good to hear that lots of partners get their hands dirty.....

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  • Problems with retention and recruitment at Clydes Oxford - likely to be both pay and the horror of working for Brett & Nurse-Marsh. One month there and I wanted to go.

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  • That is truly disgusting ... you cannot live on £21k in London. I mean, with university fees, low entry salaries and high living costs, you would have to be a rich kid just to try (probably with a lawyer for a Dad, who has a flat in the city where you can crash).

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  • What do you expect? BLG were tight on salaries but they were in financial difficulties making, I recall, about fifty people redundant around the time I joined. As for Clydes, I expect every penny is going on expansion abroad, and not on UK salary increases.

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  • I am sorry, but for a starter London salary £21k isn't at all bad. As a non-lawyer who moved to London a few years ago I started on £18k, yes it wasn't all partying and dining out, but I managed to make ends meet. Moving up the career ladder by hard work and sheer determination never harmed me, but I am not under the illusions that some starting out in law are.
    Post-2008 rental proces have rocketed in London, but be prepared to share and you can do it.
    As for Clydes, this is a solid set of results for a firm that has gone global over the last decade and yet sustains annual growth.
    I think some who are moaning about £21k salary should look outside London for a dose of reality.

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  • Ode to a Paralegal

    She studied hard
    She passed her tests
    Her poor old parents
    Were not blessed
    She had to pay her way through school
    But, finally, the sun shone through
    She left her small town
    Headed South
    Proud to have a city job
    But, then, reality sunk in
    Her rent was taking all her pay
    She had to live on cornflakes
    She could not go out and paint the town
    The money just was not around
    She worked all day
    She cried all night
    Then one fine day
    A letter came
    A training contract in her home town
    She gave her notice
    Packed her bags
    And headed home to Mum and Dad!

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  • "I think some who are moaning about £21k salary should look outside London for a dose of reality". - so should whoever wrote this. I started on practically double in the provinces (namely, in the Thames Valley region).

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  • £21k is just £17k in take home pay so why don't you get a dose of reality? We are all happy to share accommodation in the early days, but nobody should be reduced to unsafe areas of London. Also, don't forget that the cost of living has gone up markedly since the good old days when you oldies trained.

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