Weniger Geld für weniger Arbeit
am 09.07.2008 von http://www.jurabilis.de
Bisher bieten noch wenige Sozietäten dieses von Associates bei Umfragen immer wieder eingeforderte Konzept Gehaltseinbuße gegen Freizeitplus an.The firm boasts a more relaxed culture; most attorneys work, on average, seven hours a day and bill about 1,640 hours a year.
The catch: associate salaries of $150,000, which are below market rates. Some former associates, speaking on condition of anonymity, said pay was a factor in their decision to leave.Offenbar geht es nicht Wenigen am Ende …
Law Firms: The Shortest Hours
Jurabilis / This is a ranking of the shortest hours worked by midlevel associates. Associates at the #1 firm, Chapman and Cutler, averaged 49 hours worked (39.1 billed) per week. Associates at #161, Wachtell, Lipton, Rosen & Katz, worked on average 71.1 (an…
Linklaters: Associate-Verschwörung?
Jurabilis / Linklaters has fired three associates from its Portugal office after discovering their plans to leave the firm and set up the Lisbon office of a major competitor. The document, called Project Iberia, was found saved on the desktop of one of Lin…
Billing 3200 Hours A Year
Jurabilis / Das WSJ Law Blog berichtete, dass ...[...] Eliot Spitzers wife, an Skadden Arps associate in the 1980s, routinely billed about 3,200 hours a year.Nun fragt man die Leser, ob ein solcher Wert realistisch erreichbar sei (das sind 8,7h/Kalendertag).…
Der Bewerbermarkt
Jurabilis / The most common first-year associate salary at law firms with more than 500 attorneys climbed to $135,000 in 2006, NALP reported. That figure likely was welcome relief for law graduates, whose salaries at those firms were stagnant at $125,000 from 2…
Mandant zieht die Notbremse
Jurabilis / Wal-Mart hat die Nase voll von ständigen Honorarsatzerhöhungen (jeweils nach den Gehaltserhöhungen für die First-Year-Associates) und fasst die eigene Haltung in einem lesenswerten Memo zusammen (WSJ berichtet):Starting salaries for junior a…
Associate-Entlassungen
Jurabilis / Immer noch selten selbst in den USA: Betriebsbedingte Kündigungen für Associates a.k.a. targeted personnel reductions:Cadwalader wasnt the first firm to announce associate layoffs since last years credit market meltdown. In November, t…
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