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.
Pittsburgh-based Klett Rooney Lieber & Schorling has raised its first-year associate salaries from $105,000 (£66,700) to $110,000 (£69,900) in its Pittsburgh, Philadelphia, Newark and New Jersey offices.
Partner William Schorling said that the move follows a decision by several Delaware-based firms to raise their first year salaries to $110,000 in their Wilmington, Delaware office. In order to remain competitive in Wilmington, Klett Rooney had to match those salaries. "We're now perceived to be paying more than the other firms in Philadelphia, Pittsburgh, Newark and New Jersey," he said.
Morgan Lewis & Bockius and Dechert are the only firms to pay more to their first years. Earlier in the year, the two firms raised salaries from $105,00 to $125,000 (£79,380) in their Philadelphia offices.