News UK 200 The Lawyer UK 200 preview: Worst performers: Trowers, Clarke Willmott top of the flops By The Lawyer 14 August 2011 00:00 18 December 2015 10:21 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Anonymous 15 August 2011 at 13:09 I don’t want to put the boot in when they’re down as they’re a nice firm from my experience, but CW’s results and corresponding pay levels are horrendous. £25k for an FSP! £35k for bottom of equity! Never mind trainees in London, trainees in the North are paid more than this. If I had invested my hard earned (or borrowed) cash in a top 100 firm and worked 60/70 hour weeks for a return of £35k per annum, I may be looking at other opportunities, regardless of the firm’s culture! Reply Link Anonymous 15 August 2011 at 13:53 Eye watering figures. I’m amazed that any firm can survive when it is paying salaries of £25k for a salaried partner and £35k for an equity partner. Given that the floodgates are about to open when Tesco law comes in – I can see many firms outside the top 50 folding. Reply Link Anonymous 15 August 2011 at 17:37 Well done Mr Adlington. In any other business, such fine stewardship would see the bestowing of the Order of the Boot. But not in a law firm with such a small ownership clique and a job for life without regard to performance. Of course the Middle East will rebound. But don’t forget that you have gutted your Middle East offices to save money. You can always start the hiring process again, but we all know what will happen to those poor sods 2 years down the line when things go bad again. Deja vu old chap. Reply Link Anonymous 16 August 2011 at 10:09 Trowers’ Gulf offices have been catastrophically mismanaged by the Trowers old boys…yet they’re still in place. It’s the ultimate self-preservation society. Reply Link Anonymous 16 August 2011 at 13:59 I dunno, I think I’d still rather be a Trowers partners on that kind of PEP than at the other firms in the table above. Though a decent share of equity in Scotland at Maclay Murray must provide a very nice standard of living there. The piece talks about Trowers slipping back to 2007/2008 numbers – can think of worse times to fall back to than that? And the PEP at LG seems good despite the drop in turnover. Doesn’t that just mean LG are managing themselves more effectively? Reply Link Anonymous 16 August 2011 at 17:10 Anon@1:59pm: PEP at LG has dropped more than turnover! Personally I wouldn’t sniff at £412k but I’d be miffed if I’d been on £460k the previous year. None of these firms covered themselves in glory last year. Will be interesting to see what happens in the current year! Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.