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This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Allen & Overy is pushing ahead with the introduction of personal time plans for all its lawyers, despite earlier opposition from associates over new targets exceeding 2,000 office hours.
Susan Howard, A&O's managing partner for corporate in London, has moved to reassure her associates that the new targets will not be linked to salaries or bonuses.
A memo also stressed that associates would be able to tailor the generic department plan to reflect their own roles. The development of personal time plans forms part of A&O's appraisal cycle.
Employment, pensions and incentives (EPI) associates raised concerns when they were asked to record an extra 500-600 office hours on top of chargeable targets of 1,600-1,700, taking them up to a total of 2,200 hours (The Lawyer, 18 August).
Corporate targets are slightly lower. The suggested breakdown is for middle-ranking associates to spend a total of 2,175 hours on firm business, comprising 1,700 billable hours and 425 on other firm business. Senior associates have a target of 2,195 hours, including 1,700 billable, and partners 2,400.
Jonathan Bond, head of HR for corporate, said: "We asked associates what communication was needed. They asked for further dialogue to be conducted within each individual practice group."