Legal News

No Bonuses? Pay Freezes? How About Having to Pay to Work?
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Above the Law quotes an unnamed source at Clifford Chance , that partners will have to actually pay the firm to keep their jobs:

[A]s a Christmas “bonus” this year, partners at Clifford Chance were each required to make a capital contribution of £100,000 (roughly $150,000). Ouch.

So far, ATL is the only source on this. If you know anything, please contact us!

  
What
Where


Other firms have required their non-equity partners to buy into equity status, as a way of raising money.

Clifford Chance LLP is the largest law firm in the world, both by number of lawyers and by revenue, and one of the UK’s “Magic Circle” firms. Its headquarters is at Torchwood Tower Canary Wharf in London.

Via ATL.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

RELEVANT JOBS

Associate Attorney

USA-FL-Jacksonville

1+ years practicing lawyer and a separate position for a paralegal / legal assistant with experience...

Apply now

Litigation Employment Attorney (Remote)

USA-CA-Burbank

We are a small and highly respected Los Angeles based litigation defense firm specializing in employ...

Apply now

Legal Assistant

USA-CA-Tarzana

Legal Assistant Compensation DOE Sole practitioner civil litigation law office in Tarzana look...

Apply now

Senior Family Law Attorney (Hybrid Remote)

USA-TX-San Antonio

Modern Family Law is in the business of helping people move on peacefully with the rest of their liv...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Venture Capital Attorney

USA-CA-San Diego

San Diego office of a BCG Attorney Search Top Ranked Law Firm seeks corporate business attorney with...

Apply Now

Real Estate Attorney

USA-CA-San Diego

San Diego office of a BCG Attorney Search Top Ranked Law Firm seeks transactional real estate attorn...

Apply Now

Experienced Health Care Attorney

USA-ME-Portland

Portland office of a BCG Attorney Search Top Ranked Law Firm is seeking health care attorney with 5-...

Apply Now

SEARCH IN ARCHIVE

To Top