Associate Pay Hikes Stem Flow Of Lawyers Going In-House

Law360, New York (April 18, 2017, 11:21 AM EDT) -- Widespread associate salary increases have led BigLaw to expect more from young attorneys, and experts say associates’ enhanced responsibilities and paychecks have made them less likely to jump ship for in-house jobs, buttressing law firm retention.

While a handful of law firms have raised billable hour requirements and others have increased their expectations of associate performance following sweeping pay hikes ushered in last summer, law firm recruiters say the general sentiment among associates nearly a year later is that they ended up benefiting from the decision...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.