Slowing economy puts pressure on law firm profits.
July 27, 2023 at 04:34 AM
2 minute read
Correspondent, Sydney
Partners in some law firms in Australia will earn less than in previous years as costs increase and the amount of transactional work falls, a report has found.
Law firm managers are “more circumspect” in their approach to salary reviews and new hires as the Australian economy slows, according to the report by recruitment firm Mahlab.
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