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.
Bonuses Bonuses relate to client introduction and to the introduction of staff. Client introduction is paid on a commission basis at the rate of 10 per cent of fees received for work in the first 12 months, to a maximum of £15,000. Staff introduction bonuses are paid half on joining, the remainder after six months. For fee-earners, the bonus is £5,000; for non-fee earning staff, the bonus is £1,500.
Training A comprehensive training programme covers black letter law, focused personal improvement skills training and residential management development, reviewed and revised on a regular basis.
Appraisals Formal process of annual appraisals and mid-year career development reviews, in conjunction with informal discussions at partner team meetings. Upward feedback is completed on partners by fee-earners. All assistants receive 360° feedback at two-years’ qualified as part of a personality profiling exercise.
Partner progression Seventy-eight per cent of current partners are home-grown, with 28 laterals. Youngest partner 28. Partner selection begins with a nomination by the practice group, the completion of a partnership nomination form, due diligence by a vetting committee and a formal partnership vote.
Billable hours target 1,500 for assistants, variable for partners.
Flexible and part-time working No formal flexible working hours policy, but requests are considered. Part-time working available.
Holiday entitlement Twenty-five days on joining, rising to 31 days with service.
Benefits Private medical insurance health screens, group life assurance, employee assistance programme, permanent health insurance and long-service awards. Pension contributions are available to all staff at 5 per cent, rising to 7.5 per cent if an individual contributes 2.5 per cent.