Shearman & Sterling has announced a salary boost for its English-qualified lawyers, increasing pay levels across the firm’s three-tier merit based system by up to 6.4%.
The salary increases, which came into effect on 1 May, will see junior associates with up to three and half years’ post qualification experience (PQE) paid £83,000, up from £78,000, with the maximum amount that junior associates can be paid rising by 5.5% to £114,000 from £108,000.
