Brexit jitters trigger pay freeze at Bond Dickinson

Bond Dickinson is the latest firm to delay its annual salary reviews.

nito500

In an email to staff this week, Bond Dickinson managing partner Jonathan Blair confirmed that the firm will not be commencing its annual salary reviews in November at the earliest. The announcement cited a ‘dip in activity levels’ at the firm in the wake of Britain’s vote to leave the European Union. A spokesperson for the firm commented: ‘Similar to the approach being taken by other firms, we have been reviewing activity levels post-Brexit and while it’s too early to tell what the long term impact will be, we have concluded that we should defer our salary review process until later in the year when we have a clearer picture of market trends and client activity.’ Berwin Leighton Paisner, Trowers & Hamlins, Addleshaw Goddard and Gowling WLG all implemented similar freezes in the aftermath of the Brexit vote, though Gowling announced this week that it was restarting its own reviews.

Source: Legal Business

Email your news and story ideas to: news@globallegalpost.com

Top