The published results of the Comparative Analysis of Salaries in Law Firms for this year show, in general, an increase in salaries across professional levels, and most significantly in the total remuneration in the lowest professional categories (Entry-level and Junior Associate).
In regards to variable benefits, all firms analyzed offer this type on compensation starting with a certain category onwards. The consensus is to apply this form of remuneration beginning with Lawyers in their 7th year, although is can be noted that firms are more frequently applying variable benefit plans at lower levels.
As far as non-monetary benefits, starting with the contractural incorporation of lawyers by the firm, the majority of firms have begun using flexible non-monetary benefits has a form of additional remuneration.
Does this sound like our firm? We invite you to comment on your personal experience!
María José Sobradillo
Associate Principal
Bao & Partners / Signium International
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