Weil Gotshal cuts NQ salary to £85,000
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Readers' comments (61)
Neil Ireland | 7-Jul-2009 8:32 am
How on earth will they manage on such a meagre salary (not)?
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Baby Farks Mageezak | 7-Jul-2009 8:34 am
Is this supposed to be some form of bad news? I think anyone who's newly qualified is lucky enough to have a job let alone an excessive salary.
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Anonymous | 7-Jul-2009 9:20 am
Nightmare. I'd love this story to hit the national press alongside stories of BA cabin crew having their salaries cut to £11k and thousands of autoworkers getting laid off.
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playftseforme | 7-Jul-2009 9:37 am
BA cabin crew didn't do as well at school and may not have been to university (and are unlikely to have done well at a good one). That there's the market you keep hearing about. Clients want educated, self-disciplined individuals advising them, not people who went out on the razz in Burnley town centre the night before their GCSEs, with predictable results.
If you weren't aware that getting ahead requires having a strong CV, consider yourself disabused.
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HootsMon | 7-Jul-2009 9:38 am
I was nearly sick in my morning coffee just then.
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Metallica | 7-Jul-2009 10:11 am
Those who work for Weil are highly educated. So the market has decided these individuals are worth £85K. Good for them, I wish I was on £85K.
The real sticking point is if a Weil trainee due to qualify in Sept starts complaining about how low this salary is. Then you can say - what a bell end
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BigPig | 7-Jul-2009 10:13 am
@playftseforme People like you make me sick.
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Disappointed of Chancery Lane | 7-Jul-2009 10:55 am
Yep, the free, undistorted market has determined Weil's salaries, while anyone on less than a subsistence wage deserves to be there because, having had exactly the same opportunities, they chose to be lazy.
Incredible, but I've grown to expect these kinds of attitudes from fellow lawyers.
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playftseforme | 7-Jul-2009 11:11 am
BigPig, then I suggest the City isn't for you.
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Anonymous | 7-Jul-2009 11:45 am
If you think of the hours most of them were doing to get it (at least up until last year) then I would say no thanks. I think there's still a difference between the demands of US clients compared to UK ones in terms of how immediate they want a response
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