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05 May 2011
Issue: 7464 / Categories: Legal News
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Work-life balance matters in-house

In-house lawyers are so overworked that they would sacrifice a fifth of their salary in exchange for a four-day working week.

Two-thirds of 2,882 corporate counsel polled by legal recruiter Laurence Simons said the loss of income (representing about £16,500 of an average £82,500 salary) would be worth the extra day.

They claimed the use of smart phones and other communications technology was blurring the boundaries between work and rest, as their evenings and weekends were taken up with e-mails and other work-related communications. Carriers of smart phones had 13% more e-mails than those without, and spent two-and-a-half times longer checking their correspondence.

Naveen Tuli, managing director of Laurence Simons, said the increase in remote working has created an appetite for a “three-day weekend” because of the amount of work people are required to do outside the office. 

“They also feel technology allows them to work more flexibly, as well as remotely, so the four day week has become more viable and would allow people to fit their work around their interests.”

Tuli says the survey results indicate that people are beginning to feel more secure in their jobs. “Employers now need to look at whether their current employment terms are flexible enough to satisfy this demand,” he adds.

Issue: 7464 / Categories: Legal News
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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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