The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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.
Staff at Norton Rose have voted overwhelmingly in support of the firm’s flexible working scheme, which will give the firm the option to put partners and salaried staff on a four-day week.
The contingency plan, which can be put into action at any point over the next 12 months, was supported by 96 per cent of staff in a vote.
It will allow the firm to ask staff to work four days a week on 85 per cent of base salary, or take a sabbatical of four to 12 weeks at 30 per cent of base salary.
Norton Rose CEO Peter Martyr: “This is a starting point – we want to use it as sparingly as we need to. But this makes things much easier to deal with as we don’t have to take a long-term decision which could be catastrophic.
“Nobody gets less than 20 per cent of their annual income and all the benefits remain the same.”
When the scheme was announced last month, Martyr said that partners would be included in any flexible working arrangements (16 March).
He told The Lawyer: “It’s right for partners to take the lead and say, ‘we’re standing in this together’.”
Salans has also offered flexible working to some of its staff, with four-day working on 80 per cent of pay or sabbaticals on 30 per cent of pay (23 March).
Simmons & Simmons is in negotiations with staff in one of the departments affected by its redundancy consultation with the aim of reducing hours by 10 per cent to save a single job.