Categories:United States

UK associates left behind as US firms widen pay gap

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  • Does this 'extensive research' actually tell us anything new? US firms pay more than UK rivals shock!
    Also, one questions the validity of a survey which states salary bandings for 8yr qualifieds as being, for example, 'to £130k+'. Surely if the salary is 'to' a certain level, the + is redundant?

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  • I disagree - that's about the most interesting article I've read in the Lawyer for ages - you never normally see published figures for associate salaries beyond 3 years PQE.
    Good article.

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  • Nick, this isn't marketed by the agency as extensive research - it is merely an accurate salary survey and is good information to have. I assume the "to 130K+" indicates that the recruiter's data stops at that point and that it is not a definitive ceiling.

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  • By including "to 130K+" it implies that the amount is above 130K and only provides a benchmark/reference of the floor. The "+" is the key part of that bracket. It could also read "to an amount anywhere above 130K" but I guess "to 130K+" is self-explanatory. Dont see a major issue there.

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  • Nick Roome: Did you actually read the article? The point is not that US firms pay more than UK firms but that the gap is widening. I hope you are not a contract lawyer!

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  • Would it be more realistic to compare the British situation with other European countries since they and only they have a similar culture. laws and so lifestyle to our own. I really wouldn't sleep well (and didn't when I lived there) knowing full well my neighbour thoroughly believed they had a right to carry a gun. Simple numerals do not convey an accurate picture.

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  • Surely the key thing for the UK firms has to be to increase a performance culture and weed out the underperformers so that the hard workers and income generators can be paid more.

    Before you squeal, I am talking about hugely overpaid partners as well as associates.

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  • This is all rubbish. there are freelance lawyers earning big bucks. I met one and others they get well over two hundred thousand a year. some way more depending on the types of cases they take on you all no nothing.

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