Freshfields offers staff up to $60,000 in fertility benefits

Freshfields Bruckhaus Deringer is offering its staff fertility benefits such as egg and sperm freezing and in vitro fertilisation treatment worth up to $60,000 as part of a new programme.

The Magic Circle law firm has partnered with fertility benefits provider Carrot Fertility to offer staff family-forming benefits and financial support with a lifetime allowance equivalent to $60,000 of care, the firm said in a 26 January statement.

Benefits offered to staff include egg and sperm freezing, IVF, surrogacy, adoption and pregnancy support. The new programme is available to the firm’s UK, US and MENA staff.

READ Freshfields introduces paid leave for pregnancy loss

The firm’s London managing partner Claire Wills said the new programme offers staff “fertility and family-forming benefits that cover all paths to parenthood, and which is inclusive of everyone regardless of their age, race, gender, sexual orientation, and marital status”. 

Freshfields introduced a paid leave policy for UK staff and their partners who have been affected by pregnancy loss in October 2021.

Staff at the law firm who experience a pregnancy loss before 24 weeks are entitled to up to two weeks’ paid leave under the policy. Female Freshfields’ employees who experience pregnancy loss after 24 weeks or a stillbirth are eligible for maternity leave and maternity pay

Wills said supporting staff with wellbeing issues was a “strategic priority for the firm”.

Goldman Sachs in 2019 launched a fertility programme offering up to $20,000 in benefits to staff to help them start and grow families.

US law firm Cooley and Magic Circle law firm Clifford Chance last year began offering fertility benefits to staff worth up to £45,000 and up to £15,000 respectively.

Fintech Monzo last year began offering staff paid leave following the loss of a pregnancy and paid leave for staff undergoing fertility treatments.

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To contact the author of this story with feedback or news, email James Booth

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