Law firms

Shearman maintains NQ salary gap with Magic Circle as pay rises 6% to £88,000 while trainees get 15% boost

The first US firm to release its London salaries for the new financial year, Shearman & Sterling has maintained the salary gap it holds over Magic Circle rivals, offering newly-qualified lawyers (NQs) £88,000 a year, £5,000 more than in 2014.

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