In-house counsel have hit out at “unsustainable” raises in salaries for private practice lawyers, arguing that they will lead to an unwelcome increase in charge-out rates.

Their fears come after Legal Week research last week revealed that three-quarters of partners at leading London firms said they think fees will increase over the coming year, with nearly a fifth claiming clients should prepare themselves for above-inflation rises.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]