Slaughter and May matches magic circle peers with NQ pay hike to £150k
Slaughter and May has raised pay for newly-qualified (NQ) lawyers to £150,000, bringing the firm to parity with its Magic…
Associates
The new £150k benchmark for Magic Circle associates – ‘rewarding the best’, or ‘slightly alarming’?
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
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
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
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
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
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 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
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
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
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
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
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
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
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
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?
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
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
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
Despite post-Brexit referendum market turbulence, independent firms Travers Smith and Macfarlanes have both elevated their newly-qualified (NQ) pay levels, with…