Categories:Corporate,UK

Clyde & Co partners boost profit share and reduce contributions

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  • "As a non-lawyer who moved to London a few years ago I started on £18k" - um, what relevance has a non-lawyer salary got to lawyers' pay?

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  • Paralegals are "non-lawyers" if we're going to get technical about it and where are this "unsafe" areas of London that are apparently becoming ghettos for impoverished paralegals? What an astoundingly ignorant suggestion.

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  • Anonymous at 5.24 pm (and probably around the time you knock off) - no, we're not getting technical about it. I am not that anal. I, along with plenty of others, am just saying that this is not a decent salary for London.

    What is astoundingly ignorant is to suggest that 21k for London is ok' because of your "I had it worse in my day" old baloney. If you want to sound reasonable, at least make reference to some figures for market rate pay for paralegals for firms of Clyde's' type. There, I feel you will be in some real difficulty.

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  • Anonymous @5:24pm is correct. London is safer than many cities. Kabul and Baghdad being only two. The fim's car sales would pay for slight pay rises for (relatively) poorly paid junior fee-earners many many many times over. Perhaps time to stop directing all the cash into 'planting' flags in places like Mongolia.

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  • Get over your bitching about £21k. We are talking about untrained graduates. If the salary is so low, presumably they won't get any paralegals to fill the slots? I think not goons.

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  • I saw an advert for "professional indemnity, defendant, Oxford, international firm, 0-3 years' PQE" etc. and, when I spoke to the agent, I was told it was with Clydes for £25k. You just don't expect such low salaries for qualified staff, in a specialist area of law, with a city firm which is now international.

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  • Mmn ... the good thing about these open forums is that a firm can have put out a real "aren't we doing well, slaps on the back all round" piece (like this one), and then all of a sudden the article gets turned on its head, and you see who is paying for the success.

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  • If the pay is so bad why are people working for it. It is a question of supply and demand. Someone will say they have no option but they do. Do not take the job. Clydes hire by ability.

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  • You may have been able to argue that firms (Clydes/legacy BLG or whoever) hired by ability once upon a time, but nowadays everyone is hiring according to the least they can possibly justify paying for any given role, even over relevant experience.

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  • Sorry, but £21k is just not what you expect from a London firm of Clyde's specialty, and for a paralegal who (save for qualifying) probably has the same qualifications as any of the trainee solicitors, the latter of whom I expect are paid considerably more.

    Little wonder so much spare cash for flags & poles!

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