Wake Up Call: Clifford Chance Hikes Partner Pay Amid Competition

Jan. 2, 2025, 12:00 PM UTC

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

  • Clifford Chance’s highest-paid partner earned £6.01 million in the 2023-2024 financial year, marking a 24% increase from the previous year. The rise comes as US firms continue to lure top talent in the UK. While the firm’s revenue surged 28%, its staff costs grew by £73 million, following a £95 million rise in 2023 as it expanded its workforce. (Law.com)
  • Former Supreme Court Justice Stephen Breyer will kick off 2025 by hearing cases for the first time ...

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