‘Setting ourselves up for the future’ – McDermott ups London trainee pay to £70k Elisha Juttla[email protected]1 November 2024Pay McDermott Will & Emery has followed Davis Polk’s lead, raising its London trainee pay to match the highest market rates. 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 categoryTrading Places: Ropes hires Freshfields levfin co-head as top Kirkland litigator retiresDechert posts 27% PEP hike as expansion drive continues‘We expect them to hit the ground running’ – Reed Smith ships up to Boston with hire of 12-strong teamSlaughter and May matches magic circle peers with NQ pay hike to £150k‘At the top of UK associate compensation’ – McDermott hikes London NQ pay to $225kThe new £150k benchmark for Magic Circle associates – ‘rewarding the best’, or ‘slightly alarming’?Revolving doors: Simpson Thacher, Latham, Sidley lead New Year London movesFive partners vie to succeed Hoyland as Simmons managing partner‘Seize every opportunity’ – Paul Hastings partner Reena Gogna on City law, Suits and poetry