It was the west coast US firms that kicked off the salary war that spread across the states and into the UK. So are the cuts now being made by these same firms a sign of things to come?
According to this week’s Big Question survey of 100 leading solicitors, nearly one in three firms (29%) are considering taking action to cope with the economic slowdown. But the silver lining for nervous assistant solicitors is that although our panel is coy about exactly what their firms are planning to do, the survey uncovers a marked reluctance to sack assistants.
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