Balancing GC demands with junior lawyers' needs: Fieldfisher chief Chissick on the Deutsche pay debate

Fieldfisher managing partner sounds cautionary note over consequences of Deutsche demands

Michael Chissick

The recent news that Deutsche Bank will no longer pay panel law firms for work carried out by junior lawyers has provoked a strong reaction across the legal profession, with a Legal Week survey finding almost 60% of partners think the demands are unreasonable. Here, Fieldfisher managing partner Michael Chissick sets out why, despite external pressures, firms need to continue investing in trainees 

We all know the financial pressures that GCs face. The legal sector has risen to the challenge in a variety of ways – offshoring and northshoring, alternative fee structures, new technology and automated processes or artificial intelligence.

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