London lawyers are being drawn to U.S. law firms in the city with starting salaries of up to £180,000, despite the grueling work demands and burnout.
As U.S. law firms jostle for talent, they are not only raising salaries but also offering lucrative referral bonuses that encourage recruitment among junior lawyers.
Clifford Chance and other British firms have raised starting salaries to £150,000 in an attempt to compete with U.S. firms for a dwindling talent pool.
The pressures of working in these top firms can lead to a mere 3 hours of sleep per night, emphasizing the potential burnout for new lawyers.
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