The most generous employers include Herbert Smith Freehills, Gilbert + Tobin and Corrs Chambers Westgarth.
Herbert Smith Freehills’ Andrew Pike raised staff pay by “double digits”.
The firm’s bonus pool was also “larger than normal this year”, meaning more people got bonuses and those payments were bigger than usual.Law firms typically review salaries in July, but the tight labour market meant several offered additional pay rises in January. Those increases were combined with last month’s to determine annual increases.
HSF’s strong performance this year and its commitment to “investing in our talented lawyers to ensure that we can continue to attract and retain the best people” were behind the decision to “significantly increase” the remuneration pool, Mr Pike said.Peter Braig, as well as performance bonuses and a $2000 “thank you gift” to all employees.
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