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

National Firm seeks seasoned Corporate M&A partner in Austin with Big Law experience

USA-TX-Austin

Culhane Meadows PLLC, one of the largest non-traditional (remote-workplace) law firms in the country...

Apply now

National Firm seeks seasoned Corporate M&A partner in Houston with Big Law experience

USA-TX-Houston

Culhane Meadows PLLC, one of the largest non-traditional (remote-workplace) law firms in the country...

Apply now

National Firm seeks seasoned Corporate M&A partner in Dallas with Big Law experience

USA-TX-Dallas

Culhane Meadows PLLC, one of the largest non-traditional (remote-workplace) law firms in the country...

Apply now

Trusts and Estates Paralegal

USA-PA-Philadelphia

We are looking for a paralegal with a 4-year degree and paralegal certificate, or equivalent experie...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Junior Litigation Associate Attorney

USA-CA-Beverly Hills

Beverly Hills office of our client seeks junior associate attorney with 1-2 years of experience in l...

Apply Now

Immigration Attorney

USA-CA-Oakland

Oakland office of our client seeks immigration attorney with 3-5 years of experience. The candidate ...

Apply Now

Litigation Associate Attorney

USA-TX-Fort Worth

Fort Worth office of our client seeks litigation associate attorney with 3-6 years of experience. Th...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top