Legislation Companies
One other BigLaw agency mandates 4 days per week in workplace however adopts distant ‘financial institution’
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Davis Polk & Wardwell would require its legal professionals and most enterprise professionals to be within the workplace 4 days per week—at some point greater than its present coverage.
The regulation agency will implement a Monday by Thursday in-office schedule after Labor Day, report Law.com, Bloomberg Law and Above the Law. Presently, the agency requires in-office work Tuesday by Thursday.
Davis Polk introduced its coverage inside weeks of a decision to require four-day-per-week attendance by Skadden, Arps, Slate, Meagher & Flom.
“The burning query of the summer season was whether or not different companies would observe Skadden’s transfer,” in keeping with Above the Legislation. “Davis Polk appears satisfied that Skadden’s forging a brand new consensus.”
Davis Polk is making some exceptions, permitting distant work for workers whose positions enable for it on Thanksgiving week, the final week of December and the final two weeks of August, in keeping with Above the Legislation.
Davis Polk can be introducing a distant day “financial institution” that lets legal professionals select 16 days per yr to work remotely. For 2023, legal professionals will get a financial institution of 5 distant work days.
The “key driver” of the in-office coverage “is a want to supply all members of our neighborhood with best-in-class skilled improvement alternatives,” mentioned Neil Barr, managing accomplice at Davis Polk, in his inner announcement.
