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New job - Law Soc Chief Exe £230k + bonus
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Lydia
Posted - 13 February 2018 09:06
P27 Law Society Gazette

Why do they need a bonus? I have never had a bonus. Isn't the £230k salary enough?
old git roundabout
Posted - 13 February 2018 09:07
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would you like us to write you a reference, Lyds?
cofferdam
Posted - 13 February 2018 09:07
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Lyds - Since you never had a bonus (which I doubt) you may want to apply here and see how it feels like.
Wellington
Posted - 13 February 2018 09:12
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I have never had a bonus.

Suggests that you're not very good at your job tbh
minkie
Posted - 13 February 2018 09:13
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That’s outrageous Lydia you should have a word with your boss.
Kimmy
Posted - 13 February 2018 09:14
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I wonder what the CEO of the Law Society actually does. Or any of the high-end admin positions.
cofferdam
Posted - 13 February 2018 09:16
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kimmy - I suspect half the time indulge in turf war with the civil servant who has zero knowledge about the industry appointed in the SRA.
State of the Uniom
Posted - 13 February 2018 09:20
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A mere 10% of what Gordon doodah gets at the PFA.....
Buzz.
Posted - 13 February 2018 09:22
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And then demonstrate the risks to law firms of having discriminatory policies by making a complete **** up of employment laws and becoming embroiled in expensive litigation to the detriment of those who fund it.
Cat on a hot tin ceiling
Posted - 13 February 2018 09:37
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*applies*

Quarter lion plus for running what is essentially a small, rubbish trade union crossed with a industry marketing body? Count me in.
Buzz.
Posted - 13 February 2018 09:43
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Yeah but can you imagine the number of bonkers randomly capitalised grammatically painful green ink letters you would get from the High St lot (and from one (wo)man bands in Zone 6). Sod that for any amount of cash.
Lydia
Posted - 13 February 2018 09:49
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Actually we got something ilke a nominal £500 at Christmas I think. I wonder when law firms started giving substantial bonuses out?

I think what we had when I started was law firms limited to 20 partners so it was not easy to build up to very high earnings and with 1970s up to 99% tax rates it was a very different climate and an awful 1970s property crash and then 60% inflation over 3 years ni the 70s. So that was the starting point. It is not surprising there were not really bonuses except enough to buy yourself a turkey at Christmas kind of thing and discretionary depending if we were in a recession etc nd often not given at all.

Then there was the 80s and removal of the 20 partner restriction and I think a lot of senior lawyers did get a lot richer. I have been scanning through my photo albums in order just a few selected pictures from each but it's taking ages. Am on album 25 of about 80 and am in 1988. There is one of us round a cake around 87 with the FT headline showing - celebrating Thatcher's 3rd victory. We suddenly seemed to be out of the 1970s dreadful period. There were flotations of utilities - free money etc etc.

This was all before the 1990s crash when we sold 2 buy to let flats and our own house at a real loss in London. I suppose over any 40 year career you are going to have good times and bad in terms of the economy.

I don't think I woudl want the law Soc job as I would have to meet people and travel to a work place and would lose my firm and my income which hopefully will keep on earning me money for the next 25 - 30 years. I would want something like a lump sum of about £20m before I would be prepared to give that up.
3-ducks
Posted - 13 February 2018 09:54
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It's telling that the only people who complain about this sort of thing are the super-rich like Catto and Lydia, who wouldn't get out of bed for £200k.
Cat on a hot tin ceiling
Posted - 13 February 2018 09:56
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Buzz - provided I only have to read them between the hours of 9 to 5 I can live with it.

I suspect lunch features prominently in this job as well.

I am genuinely quite tempted to apply!
3-ducks
Posted - 14 February 2018 09:01
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No you're not.

Like people who say they're tempted to become Tube drivers for the "lucrative" salaries. No they're not.
Duckworth Lewis
Posted - 14 February 2018 09:17
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what is the perfect profile of a law soc chef exec?

rof decides