‘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 categoryThirty firms win roles in revamped £820m government legal panel – with three new appointments‘There’s definitely competition around rates’ – Clifford Chance and Linklaters match Cravath bonuses for US associatesCohen & Gresser follows McDermott in eyeing up external investmentSlaughter 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 moves‘Seize every opportunity’ – Paul Hastings partner Reena Gogna on City law, Suits and poetryFive partners vie to succeed Hoyland as Simmons managing partner