Slaughter and May matches magic circle peers with NQ pay hike to £150k Tom Cox Slaughter and May has raised pay for newly-qualified (NQ) lawyers to £150,000, bringing the firm to parity with its Magic…
The new £150k benchmark for Magic Circle associates – ‘rewarding the best’, or ‘slightly alarming’? Legal Business Associate pay reaches eye-watering heights as the war for talent at the top of the market goes further into the…
Comment: Why giving associates exposure to clients could be a win-win scenario Becky Pritchard Law firms spend big money making sure they have the best junior lawyers. A newly qualified lawyer at a Magic…
Guest comment: time for law firms to play catch-up on parental leave Guest Blog Nathan Peart, managing director at Major, Lindsey & Africa, says firms must move with the times when it comes to…
Guest comment: The post-pandemic recruitment race Guest Blog Nathan Peart, managing director at Major, Lindsey & Africa, says firms must become flexible or lose their best associates. Without…
Norton Rose enters associate pay war putting NQs in line for £114k paycheque Marco Cillario Top-performing newly qualified (NQ) solicitors at Norton Rose Fulbright (NRF) will be in line to take home up to £114,000…
Baker McKenzie steps up to associate pay war with 20% NQ salary uplift Marco Cillario Baker McKenzie has become the latest law firm to put its newly-qualified (NQ) solicitors in line for a six-digit pay…
Associate pay war, anyone? Freshfields sets new Magic Circle standard by raising NQ pay to £100k Marco Cillario Marco Cillario assesses the City-wide implications of Freshfields’ decision to dramatically hike associate salaries A decade after leading the way…
Slaughters lifts associate salaries alongside performance-related bonuses Thomas Alan Slaughter and May has increased its salary rates for newly qualified (NQ) associates by £3,000, with junior associates also seeing an…
The talent debate: The war rages on Alex Novarese James Tsolakis, NatWest: One of the great challenges setting this up with Alex is in the long period I have…
Comment: The associate pay smoke screen is fooling no-one Alex Novarese Associate pay used to be simple. Lockstepped and transparent to the nth degree on both sides of the Atlantic, you…
Associate pay smoke screen: it’s fooling no-one Alex Novarese Associate pay used to be simple. Lockstepped and transparent to the nth degree on both sides of the Atlantic, you…
Akin Gump reveals trainee salary increases, as NQ pay remains static yet competitive Georgiana Tudor Akin Gump has increased trainee salaries by 12% and 8% for first and second years respectively, with the group representing the…
Travers, Macfarlanes and Jones Day boost junior lawyers pay while HSF and CMS freeze associate salaries Legal Business Travers Smith, Macfarlanes and Jones Day have all boosted their junior lawyers pay in this year’s review, in contrast to…
Magic Circle pay watch: Links edges up associate salaries, Slaughters holds and CC gets coy Georgiana Tudor Pay rises continue to ripple through the top-end legal services market despite the uncertain outlook for the City. The latest…
‘Competitive remuneration key’: White & Case hikes associate pay with NQs seeing a 17% increase Legal Business White & Case‘s London associates have seen a significant increase in their pay with the US firm awarding its newly…
Fault lines – Can City law face up to the challenges of mental health? Matthew Field City lawyers have long been prone to burnout. Are changing attitudes seeing law firms finally face up to the challenges…
‘Enhancing our approach to development’: A&O drops annual appraisals in performance pilot scheme Georgiana Tudor Allen & Overy (A&O) confirmed today (4 May) that it has been running a performance pilot scheme for the last…
US bonuses: Simpson and Davis Polk match Cravath rewards of up to $100,000 for associates Legal Business Leading Wall Street firms have begun announcing their 2016 year-end associate bonuses with Cravath, Swaine & Moore leading the way…
Travers Smith matches Slaughters associate base pay as indies beat Brexit woes to lift salaries Legal Business Despite post-Brexit referendum market turbulence, independent firms Travers Smith and Macfarlanes have both elevated their newly-qualified (NQ) pay levels, with…
