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2005 May - Corporate dividends |
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The economy has picked up, at least in some sectors, but corporate budgets and internal hiring patterns still continue to shrink. As a result, in-house counsel are contracting out just over 30 percent of work to outside counsel this year. There was some good news, though. Of those who responded to our survey, almost 90 percent are receiving annual bonuses and 40 percent are getting stock options, at levels much higher than last year.
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2005 June - The 2005 Canadian Lawyer compensation survey |
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Times are getting tougher for solo practitioners and lawyers in small firms, according to our latest survey of lawyer and staff compensation. In 2005 so far, net profits are down almost 10 percent. Layoffs aren’t expected but neither are additional hirings. Starting salaries are higher in most years of call but salaries at the top end are much lower than last year.
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2005 September - The Going Rate |
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The legal fees landscape is changing, with alternate models, like tariffs and sliding scale fees, being used more often. Still, flat fees and hourly rates are the norm. Once again, we have asked lawyers across the country to tell us what they are charging for matters like wills, conveyances and divorces: the result is Canadian Lawyer’s latest update on ‘The Going Rate.’
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2005 November/December - The new generation gap |
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Young lawyers are a different breed these days; they are openly challenging the demands made on new associates, refusing 90-hour work weeks and ever-more billable hours. Many are even walking away from the big salaries and bright futures at the largest firms. Partners take note.
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2005 January - REPORT CARD on Canadian Law Schools |
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Most law schools drew high praise from their graduates. There are persistent concerns, however, about the balance between courses that emphasize theory and those that stress practical skills. Some graduates were also uneasy about rising tuition at some schools.
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