Freshfields becomes first UK firm to lift associate salary freeze

  • Print
  • Comments (28)

Readers' comments (28)

  • With inflation rising isn't this inevitable? If the freeze is now rescinded across the board, the weaker players will be hit hardest. Revenue falls combined with rising costs will lead to drops in profits.

    Unsuitable or offensive? Report this comment

  • Freshfields partners had a record year in profits last year while salaries were frozen -- looks like it's quid's for them this year if they can afford this

    Unsuitable or offensive? Report this comment

  • Lawyers are overpaid and this starts at the bottom. What a shame Freshfields didn't take the initiative to keep the freeze. It could've prevented salaries from spiraling out of control and stop more redundancies during the next recession.
    It seems some of the bigger firms are failing to learn the lessons of the past.

    Unsuitable or offensive? Report this comment

  • Lawyers aren't the only ones who are overpaid and, as a result, not always familiar with the residents of the Real World.
    But no law firm (or bank for that matter) can afford to be the first to make a unilateral stand over this.
    In the inimitable words of Hugh Abbot: "We all love that ethical stuff, but if you're the first to put down your gun, then people tend to stomp on your head like a ripe watermelon"

    Unsuitable or offensive? Report this comment

  • Lawyers spend years and thousands of pounds training for their work. They aren't overpaid - their salaries reflect the sacrifices made earlier in their careers.
    At some firms they also reflect appalling hours worked.
    Professionals deserve to be paid well across the board. It's insulting to suggest otherwise.

    Unsuitable or offensive? Report this comment

  • Snorter's quite right.
    I hear at A&O they're forced to sacrifice a kitten on Jim Morrison's tomb at midnight just to secure a training contract...

    Unsuitable or offensive? Report this comment

  • Oh shut up.

    Also, try to remember that the legal profession doesn't begin and end with the "Magic" Circle. I am four years qualified at a large regional firm and don't make as much as an NQ at Freshfields.

    I'm sick of hearing how "rolling in it" I'm supposed to be. A tiny bit of respect would be nice.

    Unsuitable or offensive? Report this comment

  • Calm down, Snorter. The profession doesn't end with the Magic Circle, but let's be honest it does begin with them.

    Also, although you may not be paid as much as an NQ at Freshfields, your rent most likely isn't as high either. And you may even get to see your flat.

    Just console yourself with the fact that Eversheds is now a Superbrand.

    Unsuitable or offensive? Report this comment

  • I'm not complaining that they earn more - I'm complaining at the perception that lawyers are all "overpaid" when I think they are reasonably paid in the circumstances. What do you think they SHOULD be paid, bearing in mind they are more highly qualified than most other people?

    Unsuitable or offensive? Report this comment

  • Snorter, a lot of lawyers are overpaid. End of.

    Unsuitable or offensive? Report this comment

View results 10 per page | 20 per page | 50 per page

Have your say

Mandatory Required Fields

Mandatory

Comments that are in breach or potential breach of our terms and conditions in particular clause 8, may not be published or, if published, may subsequently be taken down. In addition we may remove any comment where a complaint is made in respect of it. These actions are at our sole discretion.

  • Print
  • Comments (28)