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Salary Info Archive

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Deloitte Learning & Development Cuts Amid Claims of Growth

23 June 2009

Despite boasting double digit growth, implementing a firm-wide pay freeze, and amid continued rumours of secret sackings, there are some rumours that Deloitte is considering cuts to its learning an...

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No More Chores at Corrs; Holiday Bonanza as Lawyers Offered Money for Nothing

23 November 2008

If anyone is curious why www.jetstar.com.au experienced a temporary outage yesterday, look no further than the offices of Corrs Chambers Westgarth. In a staggering move, the Corrs partnership revea...

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Blake Dawson Bleak Days; Staff on Notice that Sackings are Imminent

24 February 2009

In contrast to a plurality of domestic and foreign law firms that have quietly laid off employees, Blake Dawson has taken the unprecedented step today of revealing in a brief media release that u...

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PwC (Optional) Unpaid Leave of Absence Initiative Receives Approval

16 June 2009

PwC today announced that 3500 staff agreed to participate in its 'I Cant Believe It's Not: A PwC Pay Freeze' initiative. Chief Executive Mark Johnson said in today's AFR: This is one of the better...

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Economic Dawn of the Dead; Sun Sets on AAR Pay Rises

30 October 2009

In an excellent article in today's Australian profiling the likely exodus from law firms in the new year - owing to long hours for low, frozen pay while fat cat partners laugh all the way to the bank - the following is written: Susan Ferrier, director of people and development at Allens Arthur Robinson -- which has a pay freeze -- said the firm wanted to avoid quickly changing policies on recruitment in case the latest signs of improvement were a "false economic dawn".  "Post-Christmas I think many professional services organisations will have a clearer picture of where things are going in the economy," she said. The Firm Spy has profiled, and commented upon, a wide array of wanker corporate idioms, but "false economic dawn" is a new one and a particularly offensive way, we think, of...

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Pay Run of the Milliner; Mallesons Announces Christmas Bonus

27 November 2009

We reported last week that Mallesons' pay freeze is apparently showing no signs of thawing. This remains true, despite encouraging news received earlier today that the firm is giving staff a Christmas bonus, of sorts. Thanks to the anonymous Mallesons spy for the following information: Warlock Milliner has just delivered some long overdue good news - we're getting some money out of the partnership and just in time for Christmas! Not that it is very much, mind you. "3% of your wage" in the form of a bonus in the "December pay run". Is this the "pay run of the milliner"? It is interesting that the partners have chosen to carefully calibrate the bonus as a one-off payment, rather than a more permanent increase in our wages, annualised in each monthly pay.  This means that when the ...

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“Neil Down”; PWC Staff Irked By Indian OffShoring

10 December 2009

This comical, insightful goss from an anonymous PWC spy earlier today: "Neil" down or get taken down. Seems the good news machine at PWC continues spreading propoganda with last week a new entry to the calendar - an internal firm services town hall. these are the poor IT and Operations schleps who are at the beck and call of partners and the oddly named Chief Costs Officer "Neil" Wilson. In an effort to encourage morale Neils summonsed all 500 staff to a dark 3 star hotel ballroom for a 2 hour workshop; what staff were faced with was news that decisions on job offshoring to India would be made before christmas, some bad jokes and attempts at reaching the people and in what one person said was insulting a reference to the fact that even broom sweepers at NASA were as respected as a P...

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Focus: Blake Dawson Emerges as Major International Merger Target

8 June 2011

We continue to hear noise that Blake Dawson is on the phone to firms abroad. As we've already reported, rumours abound that Blake Dawson has been talking to London firm Herbert Smith about the pros...

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Norton Rose Lawyer to Marry 18yo Multi-Billionaire Heiress Anna Abramovich

20 October 2010

Very regrettably, we haven't had much gossip to report about the recent arrival Norton Rose since it formally merged with (and renamed) Deacons Lawyers on 1 January this year (if you have Norton Ro...

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The Deloitte Deletes; Rumours of Secret Sackings Emerge

1 June 2009

The Firm Spy has championed the cause of Deloitte for months now. It was our understanding that whereas the partners at KPMG, PwC and Ernst & Young readily put personal profit ahead of the hope...

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