DLA Piper has told fee-earners their salary reviews scheduled for May will be postponed by two months in order for the firm to benchmark its next wage increase against its competitors.
Associates were told the news in an email from UK managing partner Sandra Wallace earlier this week.
Salary reviews will now take place in July. CFO Paul Edwards told The Lawyer that some pay rises will be backdated to May following the postponed review.
“We are simply are aligning ourselves with what the other firms do,” Edwards said. “We’ve always been at a slightly different timing and we just wanted to align ourselves with the market.”
A DLA Piper spokesperson said in a statement: “Attracting the best talent and retaining the many talented fee-earners we have at the firm is extremely important to us.
“We believe that by waiting a couple more months to conduct salary reviews we can ensure we are better placed to reward our people competitively.”
DLA Piper has seen a number of management changes in the last year, with Tim Clement-Jones standing down as the firm’s London chief last October.
Wallace became the first person at the firm to be appointed UK managing partner from outside London since legacy DLA merged with US firm Piper Rudnick in 2005.