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As Currencies Fluctuate, Law Firms Adjust Lawyer Pay and Billing Across the Globe

As Currencies Fluctuate, Law Firms Adjust Lawyer Pay and Billing Across the Globe

News Admin by News Admin
December 12, 2022
in Lawyers
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From bonus swimming pools to placing a cap on change charges for lawyer pay, international legislation corporations have used a number of compensation methods to attempt to insulate themselves from dramatic forex swings this yr.

Legislation corporations with operations in a number of nations typically invoice shoppers and pay legal professionals of their native forex, which means they’re much less liable to the dangers that include overseas change price actions. However corporations are nonetheless taking steps to reduce the influence change charges might have on associate compensation, affiliate salaries and different bills.



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