A&O to stake all on career path revamp

Begum, Husnara
December 2005
Lawyer;12/12/2005, Vol. 19 Issue 48, p1
Trade Publication
This article reports that the company Allen & Overy has invited its senior associates to attend a meeting with its managing partner David Morley to finalize plans that will radically overhaul lawyers' career structures. Well-placed sources say that one of the proposals that will be presented to the associates will be the introduction of a role similar to that of "of counsel" as an alternative to becoming a partner. "Of counsel" is a title given to senior lawyers at a number of companies in the U.S. but it is rarely used in Great Britain. The company is organizing three separate sessions during the week beginning December 19, 2005. It raised the salaries of its 500 associates who are based in London, England by at least 10 percent.


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