The average salary for chief executives in law firms of over 50 partners has fallen this year from £192,000 to £188,000 in London and the South East, but has risen from £127,000 to £138,000 in the rest of the country.
A survey carried out by recruiters Carter Murray also found that the highest salary package among the law firm chief executives it surveyed was £310,000 this year, climbing slightly from last year’s highest salary of £300,000.
The survey results do not apply to chief executives who are members of the equity partnership of a law firm.
The survey also found that the average salary for financial directors in large firms had gone up from £167,000 to £170,000 in London and the South East, but dropped from £106,000 to £90,500 in the rest of the country.