Last week we published a story in which we quoted AAR spokesperson Susan Ferrier as saying that there would not be an “exodus” of lawyer in 2010 because there are few job opportunities available.
In response to that post, we received the following embittered comments from an anonymous AAR spy:
Susan Ferrier has no idea. Lawyer morale at Allens is at a critical low, people will flood to Freehills who are keenly making the most of this opportunity already. Freehills has positioned itself as the least tight of the top tiers of late. You can’t expect to institute the pay freeze first, be the last to unfreeze, make everyone take annual leave over the christmas break with only half a day on Christmas Eve as bonus leave (Mallesons aren’t even this tight), reveal potential dramatic remuneration restructure in Business Spectator article and continue to brag and strut about exceptional performance and client satisfaction, without fallout. A June/July pay review will be too little too late…but then again what do we expect from HR?
How is morale at your firm? Are you the first to know about major news at your firm, or do journalists/newspapers get the scoop first?
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what you reap you sow..personally, I think Allens have come through the whole GFC looking like a bunch of tight fisted b*stards..when the change comes, I hope they are hit harder than most by the teams of lawyers flowing o/s…
guess old Sue didnt see A and O opening up in Australia – the rush for talent is on…
Good to see movement at the top end of town and hope it’s followed by a wave of Bankrutpcy Petitions from the fat cats, because Dexda is waiting and knows where the assets are hinden. Stay tuned for the next massive jump. For all those remaining lawyers, press for your entitlements and salary increases now, because the Partner’s are fearful of further decline and risk they may default on thier mortgages. An extra $50,000 to $60,000 per Lawyer would be my recommendation.