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.
Mills & Reeve has treated all of its staff to a bumper £650,000 bonus pool this year after reporting a sharp 22 per cent rise in turnover to £49m.
The firm has run a bonus system linked to financial performance for four years, with all full-time employees getting a share. This year yielded the largest bonus yet, working out at £1,230 per employee.
Mills & Reeve managing partner Mark Jeffries said: "The partners have always been very keen to ensure everyone shares in the success of the firm. People really do value it."
Both equity and salaried partners are exempt from the scheme, and employees have to have spent at least 12 months in full-time employment at the firm to qualify for the scheme.