The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
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.
Cooley Godward has frozen associate salaries in a further attempt to rein in costs
Associate lockstep salaries will remain as they were last year for all except second-year associates. Second-year associates can expect a $5,000 (£3,530) increase to their current $125,000 (£88,270) salary. This raise addresses the problem of first and second-year associates earning the same base rate following the freeze. Chief operating officer Mark Pitchford said that by holding back salaries, Cooley Godward has a competitive advantage. He added that it gave the firm more leeway for end of year bonuses. The decision is the firm's latest effort in a series of cost-cutting measures. It became the first firm in the region to make significant cuts to staff numbers when it laid off 86 associates in August.