Legal Business

Associate pay up across Magic Circle as Freshfields wraps bonuses into base salaries

NQs at Freshfields receiving £17.5k extra

Newly-qualified (NQ) solicitors at Freshfields Bruckhaus Deringer have received the largest bump in pay of the Magic Circle so far this year, taking home around 25% more than last year.

At Freshfields, NQ pay packets have been boosted by an extra £17,500 after the firm announced it would be folding in its discretionary bonuses, with pay set to rise 26% to £85,000 on last year’s figure of £67,500. The move follows a freeze last year.