An underappreciated effect of the Great Recession is how it put on steroids the amounts by which elite US firms can outflank their UK counterparts on partner compensation.
June 13, 2017 at 11:21 AM
1 minute read
The original version of this story was published on Global Lawyer News
An underappreciated effect of the Great Recession is how it put on steroids the amounts by which elite US firms can outflank their UK counterparts on partner compensation.
As a consequence of higher profitability and wider compensation ranges, the most highly compensated partners at elite US firms now earn up to three times as much as their counterparts at traditional UK lockstep UK firms.
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