Author123
Chatty Member
I’d say it’s definitely common for partners at magic circle and US law firms in London, regardless of specialism (although areas like tax and competition do tend to charge out at a higher rate to clients the partners won’t take more home necessarily than other specialisms: thats where the equity structure in a law firm partnership comes into play).
There is a big difference between the pay for partners at those firms though and other law firms which could be regarded as ‘big’ in London/UK
Edit to add: It shouldn’t be underplayed or under appreciated just how hard it is to become a partner at a MC or US firm though or just how much hard work is required.
There is a big difference between the pay for partners at those firms though and other law firms which could be regarded as ‘big’ in London/UK
Edit to add: It shouldn’t be underplayed or under appreciated just how hard it is to become a partner at a MC or US firm though or just how much hard work is required.