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Russia law firm compensation, benefits and billing report 2018

Published: March 2018
Pages: 52
Code: B9EC64F19F95E90FAAAD85EEA8E19E2D
Format: PDF
Publisher Lexology Insights
From Add to basket
$ 2,900.00
This survey was prepared on the basis of in-depth research carried out during March 2018. The results are based on data collected from 16 leading corporate law firms in Moscow. The report was researched by Gwilym Davies of Lexology.
Legal market overview
In 2017 international law firms in Russia faced an existential threat in the shape of the Ministry of Justice’s “Concept for Regulation of Professional Legal Support Market” – a draft document which proposed to prohibit the operations of foreign law firms in Russia. After intense lobbying from international law firms, the proposal has been shelved for now.
Despite continued sanctions and numerous operational challenges, many participant firms remain optimistic about the coming year, with rising gross domestic product (GDP) and a relatively stable rouble cited as indications that the Russia economy has adapted to operating under sanctions.
Compensation and human resources
Average like-for-like salary levels for associates tended to increase during the past year (in US dollars).
Half of the firms surveyed increased fee-earner headcount during the past year, although only 17% saw an increase in support staff headcount.
The net median change in fee-earner headcount among the firms surveyed stood at +3.9% during the past year.
Billing
Average like-for-like standard billing rates for associates tended to decrease slightly during the past year (in US dollars).
The average number of billable hours clocked during the past financial year by associates at the firms surveyed stood at 1,272 hours. Law firms that participate in our confidential research surveys are eligible for a 40%+ discount on the price of this report. For details on how to participate and purchase at a discounted price, and for pricing of customised multi-country report packages contact Gwilym Davies at gdavies@GlobeBMG.com or on +44 (0) 20 7940 6858.

Companies Mentioned

Only aggregated data is presented
  • Executive summary
  • Foreword
  • Profile of participating firms
  • Methodology
  • Key to tables and charts
  • Introduction
  • Legal market overview
  • “Quote… unquote”
  • Compensation and human resources
  • “Quote… unquote”
  • Billing
  • Tables and charts
  • Base compensation
  • European law firms
  • Table 1a Compensation (fee-earners)
  • Table 1b Compensation (support staff)
  • Chart 1.1 Compensation (fee-earners) – median, 25th and 75th percentile firms and average salary band range values
  • Chart 1.2 Compensation (fee-earners categorised by years since graduation) – median, 25th and 75th percentile firms and average salary band range values
  • US law firms
  • Table 2a Compensation (fee-earners)
  • Table 2b Compensation (support staff)
  • Chart 2.1 Compensation (fee-earners) – median, 25th and 75th percentile firms and average salary band range values
  • Chart 2.2 Compensation (fee-earners categorised by years since graduation) – median, 25th and 75th percentile firms and average salary band range values
  • International law firms which set salaries in hard currency
  • Table 3a Compensation (fee-earners)
  • Table 3b Compensation (support staff)
  • Chart 3.1 Compensation (fee-earners) – median, 25th and 75th percentile firms and average salary band range values
  • Chart 3.2 Compensation (fee-earners categorised by years since graduation) – median, 25th and 75th percentile firms and average salary band range values
  • Chart 3.3 Compensation for international law firms which set salaries in hard currency (support staff) – median, 25th and 75th percentile firms and average salary band range values
  • All international law firms
  • Table 4a Compensation (fee-earners)
  • Table 4b Compensation (support staff)
  • Chart 4.1 Compensation (fee-earners) – median, 25th and 75th percentile firms and average salary band range values
  • Chart 4.2 Compensation (fee-earners categorised by years since graduation) – median, 25th and 75th percentile firms and average salary band range values
  • Chart 4.3 Compensation (support staff) – median, 25th and 75th percentile firms and average salary band range values
  • Bonuses
  • All international law firms
  • Table 5a Bonus eligibility
  • Table 5b Prevalence of bonuses among firms that awarded bonuses during past year
  • Benefits and allowances
  • All international law firms
  • Table 6a Benefits and allowances (education/health/food)
  • Table 6b Benefits and allowances (equipment/travel/social)
  • Table 6c Benefits and allowances (travel/food/social)
  • Staff ratios and demographics
  • All international law firms
  • Table 7a Average personnel ratios
  • Table 7b Average female/male demographic ratios
  • Table 7c Average size of sample offices
  • Billing rates
  • European law firms
  • Table 8 Standard billing rates
  • Chart 8.1 Standard billing rates – median, 25th and 75th percentile firms and average billing band range values
  • Chart 8.2 Standard billing rates (fee-earners categorised by years since graduation) – median, 25th and 75th percentile firms and average billing band range values
  • US law firms
  • Table 9 Standard billing rates
  • Chart 9.1 Standard billing rates – median, 25th and 75th percentile firms and average billing band range values
  • Chart 9.2 Standard billing rates (fee-earners categorised by years since graduation) – median, 25th and 75th percentile firms and average billing band range values
  • All international law firms
  • Table 10 Standard billing rates
  • Chart 10.1 Standard billing rates – median, 25th and 75th percentile firms and average billing band range values
  • Chart 10.2 Standard billing rates (fee-earners categorised by years since graduation) – median, 25th and 75th percentile firms and average billing band range values

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