The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
As if the position of newly qualified (NQ) lawyers wasn’t bad enough, with the job market turbulent and offers of only short-term contracts from some firms, recruiters are telling City firms that if they want to compete in the new legal world and halt a jobs exodus to the regions and in-house legal departments they need to cut salaries significantly for NQs.
While the current ‘gold standard’ for a serious City offering is around £60,000 firms are being told to consider reducing this to £50,000 for NQs in non-premium areas. Bear in mind that US firms will still be offering up to £100,000, will any City player be brave enough to make the cut?