Pay and Bonuses
Dubai’s finance sector has boomed. Now it needs regulators
In high demand, compliance staff are tripling their salaries as the UAE rolls out the red carpet
M&A banker bonuses to be squeezed 25% as deal slump continues
Bankers set for another year of compressed bonuses amid ongoing transaction drought
2 min read
Centerview Partners hikes UK staff pay to record £413k per head
The boutique paid its UK staff more than at any point since it set up in the country in 2009
2 min read
Kirkland & Ellis partner pay hits $9.2m
The law firm’s average equity partner profit passed $9m for the first time
1 min read
Paul Weiss partner pay hits $7.5m following London expansion drive
The US law firm grew profit and revenue in 2024
1 min read
Latham & Watkins and the race for $20m partner pay
Catch up on this week’s top legal news
3 min read
Latham & Watkins’ $20m pay ratchets up pressure: ‘Don’t call him, call me’
The once-egalitarian Latham & Watkins has changed its points system to reward star performers — and partners are fighting each other to prove they’re worth the $20m+ pay packets on offer.
12 min read
US law firm Milbank ups pay for new lawyers to $225,000
Newly qualified lawyers in London will start on $225,000 following the pay hike
2 min read
NatWest hikes top bonuses 27% as markets business swings to profit
Revenue at NatWest Markets rises 16% to £1.2bn
2 min read
Ken Moelis handed $25m retention bonus as banks try to lock in key executives
Investment banks are increasingly handing long-term incentives to convince key staff to stick around
2 min read
Lawyer pay explosion ‘not sustainable,’ says Simmons & Simmons boss
‘There’s always a reckoning,’ says Simmons & Simmons managing partner Jeremy Hoyland
3 min read
‘There are a lot of unhappy faces’: Banks’ bumper bonus round divides staff
Bankers are feeling short-changed despite a year of stellar profits
Morgan Stanley hikes European dealmaker bonuses by 20%
The Wall Street bank has increased the overall pool, but skewed rises towards senior employees
Latham & Watkins partners set for 17% pay boost after strong year
Partners at the world’s second-largest law firm set for double-digit pay hikes
Bullish bankers expect 42% bonus boost
A survey of 1,700 bankers at leading firms predicts a bumper bonus round in 2024
Pay for BlueCrest Capital UK’s highest-paid member plunges to £4.4m
The firm’s revenue dropped from £187.3m to £52.6m
2 min read
Robey Warshaw’s Simon Robey paid £40m after lucrative year for the bank
Ex-chancellor George Osborne took a share of £70m in profit
2 min read
Bank of England unveils plans to reduce senior banker bonus deferrals
The regulator is proposing to reduce deferrals from eight to five years
2 min read
Debt bankers’ 35% jump leads resurgence in dealmaker bonuses
Investment bankers are predicted to get a significant uptick in bonuses for 2024
2 min read
Top bankers talk down big bonuses after UK cap scrapped: ‘No return to the glory days’
Lenders now have more flexibility over pay, but bankers shouldn’t count on bumper deals
6 min read