G+T gives staff up to 10% pay rise, expands parental leave
BigLaw firm Gilbert + Tobin has rewarded its staff with pay rises between 3 and 10 per cent and has increased its parental leave entitlements.
In a meeting with all staff on Thursday, 28 October, Gilbert + Tobin managing partner Danny Gilbert announced that having undertaken a remuneration review based on its “strong revenue performance in 2021 combined with high client demand”, as well as “extraordinary efforts from staff in recent months and intense competition for talented people”, the firm would reward staff.
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It was announced that from 1 January 2022, all lawyers who have been with the firm since July of this year would receive a 10 per cent increase in their salaries.
All other staff, including lawyers who joined the firm from July onwards, will receive a three per cent salary increase. Elsewhere, special counsel will receive a 5 per cent increase in salary.
Moreover, the firm said it would increase parental leave entitlements from 18 weeks to 26 weeks (to be completed within 24 months of a child’s arrival). That policy is effective immediately, with no distinction between primary and secondary carers.
In the all-staff Zoom call, managing partner Danny Gilbert said that the salary increases and improved leave entitlements were “the right thing to do”.
“We are keen to reward people for their efforts, and this increase is in recognition of their efforts, particularly during the COVID period,” he said.
The news follows fellow BigLaw firms King & Wood Mallesons and Ashurst introducing 26-week leave parental leave policies, regardless of gender identity, earlier this week and in July, respectively. Elsewhere, global firm DLA Piper has introduced fertility leave provisions as part of its parental leave policy, and NewLaw firm Hive Legal has introduced “Pawternity Leave” entitlements.