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In a strategic move underscoring the ongoing “junior salary wars” among elite law firms, Sidley Austin has announced a second pay raise for its newly qualified associates in London this year. The increase sets the new salary at £175,000, an uptick from the previous raise to £166,500 implemented in January. This adjustment places Sidley within an elite group of US-based firms offering top-tier compensation in the London market.
The salary adjustment, effective July 1, 2024, comes amidst a competitive landscape where law firms vie for top talent by offering increasingly lucrative packages. Sidley’s decision follows a pattern seen earlier in the year, and the firm aims to secure its position at the forefront of associate remuneration. More details on this development are available at Global Legal Post.
Additional recent highlights in the legal industry include the rise of legal tech startups such as Harvey, a generative AI startup that has garnered significant attention and venture capital, though it faces skepticism regarding its technological capabilities. For an in-depth look at Harvey’s journey, visit Law.com.
Meanwhile, in Los Angeles, a city prosecutor has accused LA City Attorney Hydee Feldstein Soto of legal and ethical violations, including making prosecutorial decisions based on potential political gain. The detailed account of this accusation is provided by the Los Angeles Times.
In the realm of lateral moves, significant hires include Mike Katz joining Manatt, Phelps & Phillips in New York, Matthew Pepping moving to Dykema Gossett in San Antonio, and Robert Sarfatis becoming a shareholder with Polsinelli, splitting his time between Dallas and Park City, Utah.
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