Shearman, Weil Gotshal to hike US associates’ London allowances
Shearman & Sterling and Weil Gotshal & Manges are among a swathe of US firms reviewing their cost of living allowances (Colas) for US associates working in the UK, as the dollar remains weak against sterling. Shearman has conducted an overhaul of its Colas, which will see US lawyers working in the City receive an […]