The flailing pound has spurred the U.S. led firm to take action.
September 30, 2022 at 05:59 AM
2 minute read
Reporter
Akin Gump Strauss Hauer & Feld has acted to prevent its London lawyer salaries spiralling after intense currency fluctuation this week.
The U.S. headquartered firm has introduced a ‘collar and cap’ style approach to lawyer salaries in the U.K. as the pound plunged this week.
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