The verdict is in: Compensation rising at law firms

Nearly 80 per cent of lawyers say firms plan raises or bonuses in 2011
|payroll-reporter.com|Last Updated: 05/30/2011

A survey from Robert Half Legal says 79 per cent of lawyers polled said their firms or corporate legal departments plan to give pay raises or bonuses this year.

The survey, developed by Robert Half but conducted by a third party, includes responses from 150 lawyers.

"Although many law firms and legal departments were forced to reduce staff and freeze salaries in the past few years, retention of top performers definitely remains a priority, especially as the economy recovers," said Anne Edmonds, Canadian regional manager of Robert Half Legal. "Employers in the legal field are increasingly strengthening their retention programs, including offering raises and bonuses, before employees consider other opportunities."

About 15 per cent of those interviewed said no bonuses would be given at their firms or corporations this year. About seven per cent of those interviewed didn’t know about the status of bonuses or pay raises.

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