Billing currency: Majority sterling with small amount dollar and euro, depending on the client.
Cost of living details: No US secondees in 2003. Allowance is calculated on an individual basis, but an average lump sum paid over 12 months is $28,000 (£17,000).
UK-based lawyer remuneration: Compensation for all partners is calculated in dollars, but they are protected against adverse currency fluctuations. Partners decide at beginning of the fiscal year to be paid in dollars or sterling. Associates are paid in sterling.