The Guide to Major Trusts 2025-26. DSC (Directory of Social Change)

Salaries and Bonuses

Howard Lake

Howard Lake | 13 October 2006 | Blogs

I see that top London law firm Allen & Overy is reviewing the salaries of its associates. Apparently they are planning to link the pay of associates to the package previously reserved for partners. Associates are often young lawyers on the way to becoming partners. Last year, partners at the firm recived a bonus of approximately £20,000 plus. It would appear that the firm is concerned about the brain drain that sees young lawyers moving to merchant banks.
Are other firms adopting the same approach?

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Howard Lake

About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.

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