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Half of partners think they're underpaid, BDO study finds

To be fair, I don't think the knee jerk response is the right one. All these respondents are saying is that compared to their firm's position they feel underpaid. Take Dickinson Dees for example. For the last few years their PEP has been 4th to 5th highest in Newcastle. This must rankle as they're probably the 3rd best law firm in Newcastle. Therefore Dickinson Dees ought to be 3rd in the PEP charts. A firm like Muckle, who comes in ahead of Dickinson Dees must feel content. Hence the 50% figure is about what one would expect.

18-Jan-2013

10:19 am