“The sector is cannibalising itself.” That’s how one chief financial officer of a prominent U.K. law firm described the current pay war in the industry for junior talent last week.
And plenty of clients agree.
'If law firms try to charge me increased fees, I won’t be paying them', said one general counsel, reflecting a wider unease among clients about the situation.
February 04, 2022 at 06:42 AM
4 minute read
Senior Reporter
“The sector is cannibalising itself.” That’s how one chief financial officer of a prominent U.K. law firm described the current pay war in the industry for junior talent last week.
And plenty of clients agree.
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