Travers Smith matches Slaughters associate base pay as indies beat Brexit woes to lift salaries Legal Business8 July 2016PayAssociates 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 categoryPassing judgement: how clients rate London’s top commercial litigation teamsMacfarlanes kicks off UK firm partner promotions with smallest round since 2020Traitors and Big Brother producers recruit top firms for major media merger‘Setting ourselves up for the future’ – McDermott ups London trainee pay to £70kSlaughter 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 $225kSlaughter and May matches magic circle peers with NQ pay hike to £150kThe new £150k benchmark for Magic Circle associates – ‘rewarding the best’, or ‘slightly alarming’?Comment: Why giving associates exposure to clients could be a win-win scenario