Law firms Travers Smith matches Slaughters associate base pay as indies beat Brexit woes to lift salaries Legal Business · 8 July 2016 · 1 min read Pay Associates Macfarlanes Travers Smith Despite post-Brexit referendum market turbulence, independent firms Travers Smith and Macfarlanes have both elevated their newly-qualified (NQ) pay levels, with the former matching Slaughter and May’s newly-qualified pay level of £71,500.Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Corporate users - click here for simple access (no password needed). For more information, please contact [email protected] Related ContentMore in this categoryRevolving Doors: Simpson Thacher launches in Singapore as Ropes, Clifford Chance build in ParisLaw firmsEliza Winter7 Apr 2026Passing judgement: how clients rate London’s top commercial litigation teamsLaw firmsEliza Winter20 Mar 2026Macfarlanes kicks off UK firm partner promotions with smallest round since 2020Law firmsEliza Winter16 Mar 2026‘Setting ourselves up for the future’ – McDermott ups London trainee pay to £70kLaw firmsElisha Juttla1 Nov 2024Slaughter and May matches magic circle peers with NQ pay hike to £150kLaw firmsTom Cox4 Sep 2024‘At the top of UK associate compensation’ – McDermott hikes London NQ pay to $225kLaw firmsElisha Juttla26 Jul 2024The new £150k benchmark for Magic Circle associates – ‘rewarding the best’, or ‘slightly alarming’?Law firmsLegal Business28 Jun 2024Comment: Why giving associates exposure to clients could be a win-win scenarioLaw firmsBecky Pritchard4 Aug 2021Revolving doors: Simpson Thacher, Latham, Sidley lead New Year London movesLaw firmsAnna Huntley9 Jan 2025