Wake Up Call: Brexit Pushes Up Pay for Junior Lawyers in London

• Brexit has turned out to be a good deal for some junior lawyers in London. As big U.S. firms Cravath, Kirkland & Ellis and Akin Gump among others acted to make sure their top U.K.-based junior lawyers keep getting the Cravath-scale $180,000 a year, they hiked their pay in the sagging pound. That in turn has pressured elite U.K. firms including Allen & Overy, Clifford Chance, Linklaters and others to follow suit. ( Bloomberg )

• Aretae Wyler, a former Williams & Connolly associate and top lawyer of Atlantic Media, spoke with Big Law Business about perils of the digital age: ...