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Congratulations A&O attorneys. You are getting paid.

by on July 13, 2010

It seems some law firms have been weathering the downturn better than many observers (including me) may have thought.  Due to increased profits, Allen & Overy recently said that it would be implementing a new bonus structure for associates as well as granting an extra day of holiday firm-wide.  Roll On Friday had this to say and provides some numbers:

“It’s a big change from last year when A&O shed a load of staff as deal flow collapsed. But now, with green shoots emerging underfoot, it’s payback time (well, for those that are left anyway). A spokesman said that the firm was ‘pleased to be able to lift the salary freeze earlier this year and, as a further small gesture of our thanks to everyone for their hard work and dedication over the past 18 months, we are awarding staff an extra day’s holiday.‘”

To check the numbers, check out the RoF post.

Want to join the team that’s getting a pay hike?  Then please visit us at Law Alliance to check for job openings at A&O as well as other leading law firms with offices in Asia.

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