The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
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.
SOME senior in-house lawyers can now expect to earn as much as partners in top 20 firms, according to a survey published by recruitment company Michael Page.
On average, remuneration levels for heads of legal now range from £98,203 to £103,842, with a maximum amount of £150,000. That is more than partners at the bottom of equity are paid at a range of City firms, including Eversheds, Simmons & Simmons and Richards Butler.
According to Michael Page, the biggest payers are banking, financial services and insurance and entertainment and leisure, where heads of legal are paid up to £250,000. Last year the maximum was £175,000.
But head of legal recruitment at Michael Page Peter Thompson warns: "You can't have increases of this size year-on-year - it will all be determined by what happens to the economy over the next few months."
The survey says that newly-qualifieds working across all sectors can earn up to £32,200, while those in City firms can get £10,000 more.