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.
Dechert has raised the game in first year associate salaries in the US after announcing an increase from $105,000 (£67,558) to $125,000 (£80,426) in its Philadelphia and Princeton offices, effective from January 2003
The raise brings associate salaries closer to those paid in Dechert's Boston, New York and Washington DC offices. The move was quickly followed by Morgan Lewis & Bockius, which will match Dechert's first year salaries at $125,000. Dechert is also revamping its bonus compensation scheme for all associates. Dechert has a history of leading the associate salary competition in Philadelphia. In 2000, it raised first year salaries from $75,000 (£48,255) to $90,000 (£57,906), and eventually to $105,000. It was followed by every other large firm in the state.