Lawyers are working overtime due to a growing number of business clients, with new features showing young lawyers at the US company Kirkland & Ellis ending at about 11.30pm.
According to Legal Cheek statistics, working days trained by young people have expanded over the past year, with many US companies in London working hard at around 10pm.
The 2,500 lawyers interviewed this year also claimed to have completed 11.28pm at Kirkland, 10.51pm at Ropes & Gray and 10.17pm at US law firm Weil, Gotshal & Manges.
According to Legal Cheek data, Kirkland affiliates also said that the end of 9.46pm last year was almost.
Those longer hours correspond to good business times like Kirkland, the most lucrative international law firm. The company recommended a total of 58 $ 19bn transactions between the first and third quarters of 2021, according to GlobalData, followed closely by Latham & Watkins.
But the great need for lawyers has met caused fatigue a problem among companies, which are losing a little skill and paying a lot of money retaining staff. The fees for newly qualified lawyers in London have risen to more than $ 147.00 for companies such as Goodwin Procter.
But lawyers say long hours are not as big a problem as weekends and vacations, or shortness of breath, especially in the case of lawyers who are more focused on what they expect to be late for major tasks.
A friend from Kirkland, who asked not to be named, said: “Most of the stadiums have long hours, so, during the epidemic, teams like rehabilitation have been working for such hours.[reported in the survey]. . . but the company hired numbers to find out. ”
“Failure to take a day or two from time to time” and “the prospect of working after a contract” without respite are the risk factors for the accident, he said. In many cases, “if you make a deal, you can expect to work too late and then, when you leave, you can find time to relax”.
In a study of exhaustion among lawyers published in September, LawCare, a charitable organization that promotes good health in the legal profession, found that. the amount of work, long working hours and insomnia all led to stress and anxiety among lawyers. It found that about 70 percent of lawyers in his study had experienced a mental illness in the last 12 months.
In a statement to the Financial Times, Elizabeth Rimmer, head of LawCare, said: “Good supervision and supervision of young workers is critical to protecting their minds and this includes monitoring their hours and the amount of work.”
In an effort to curb overwork, companies such as English stalwart Slaughter and May they have been trying and flexible models that would allow lawyers to take a break from business or reduce their hours.
Lawyers said high labor costs tend to go down and down.
Charlie Geffen, former chairman of the US law firm Gibson Dunn, said: “Currently the market is very hot and law firms are not prepared for this. But it is not permanent.
“There are many examples of times like this, for example, before the global financial crisis and the dotcom crash… Evening nights have always been active.”
Ropes & Gray declined to comment. Some companies did not respond to requests for comment.