News in brief – July 2015 Legal Business FRESHFIELDS BREAKS CITY LOCKSTEP TO BRING IN KIRKLAND’S McKIMM Freshfields Bruckhaus Deringer’s hire of Kirkland & Ellis high-yield heavyweight Ward…
Herbert Smith Freehills pitches into City salary war with associate pay increases Legal Business London associates at Herbert Smith Freehills (HSF) have had their salaries bumped up by between £4,000 and £8,000 as competition…
Mishcon picks consultancy duo to lead strategy review as firm examines pay structure Legal Business City firm Mishcon de Reya has appointed external consultant duo, Alan Hodgart and Robbie Cowan, to help shape its 10-year…
A&O mulls changes to junior lawyer pay structure as it looks to keep pace in associate salary race Sarah Downey This second quarter has seen Allen & Overy (A&O) launch a comprehensive review with external consultants drafted in to look…
White & Case’s NQs get 20% salary bump to £90,000 – firm extends pay gap over Magic Circle Legal Business White & Case has announced it is making significant increases in salaries across its associate pay scale with newly-qualified (NQ)…
Freshfields freezes associate pay bands – move puts firm behind Magic Circle peers’ NQ wages Legal Business Within days of Clifford Chance (CC) announcing its pay bands in the associate salary race to match Magic Circle peers,…
CC matches peers in associate salary race – both Slaughters’ £70k NQs and Links’ 3 year PQE pay Legal Business Clifford Chance has revealed its 2015 pay bands for newly-qualified (NQ) lawyers, matching the £70,000 NQ rates of Slaughter and May while also meeting…
Shearman maintains NQ salary gap with Magic Circle as pay rises 6% to £88,000 while trainees get 15% boost Legal Business The first US firm to release its London salaries for the new financial year, Shearman & Sterling has maintained the…
Linklaters reveals NQ salaries of £68,500 – under Slaughters but tops it with 3 year PQE band Tom Moore Linklaters has revealed its salary bands for junior lawyers in London with newly-qualifieds (NQs) receiving a £3,500 pay bump to…
£70,000 NQ salary: Hogan Lovells matches Slaughter and May as legal salary race reaches new heights Legal Business Hogan Lovells has bumped up the salaries of its newly qualified lawyers by £5,000 to £70,000 in a move that…
Baker & McKenzie overhauls pay structure in Europe and Asia Tom Moore Larger regional pools to replace national pay by year end. The world’s largest law firm, Baker & McKenzie, is set…
‘We will continue to review and innovate in this area’: Baker & McKenzie overhauls pay structure in Europe and Asia Tom Moore The world’s largest law firm, Baker & McKenzie, is set to overhaul its longstanding remuneration system in Europe and Asia,…
News in Brief – November 2014 Legal Business PWC LEGAL LOOKS FOR REGIONAL GROWTH Addleshaw Goddard and DLA Piper veteran Neal Shepherd was recruited by PwC Legal to…
Salaries: Allen & Overy thaws out and increases trainee/associate pay Jaishree Kalia After having decided to freeze pay earlier this year, Allen & Overy (A&O) has decided to up trainee, junior and…
Norton Rose Fulbright ups NQ salaries to Magic Circle levels Legal Business Top 10 Global 100 firm Norton Rose Fulbright (NRF) has elevated its newly-qualified (NQ) lawyer salaries to Magic Circle firm levels,…
Cleary bumps up London junior pay in end to salary freeze Legal Business Cleary Gottlieb Steen & Hamilton has increased its trainee and junior-level associate pay following a salary freeze, pushing second year post…
Ashurst remuneration review sees partner profit points allocated up front Jaishree Kalia Ashurst is to adopt merger partner Blake Dawson’s system of allocating partner profit points at the start of the financial year,…
Slaughters, A&O and Linklaters announce associate pay increases Legal Business Trainees, NQs and PQEs to receive salary boost. Setting the bar for trainee, newly-qualified (NQ) and associate pay last month…
Freshfields increases associate pay across the board Legal Business Freshfields Bruckhaus Deringer today (29 May) unveiled a significant pay hike for its newly qualified (NQ) and junior ranks, with…
Salary reviews: Hogan Lovells raises trainee and NQ pay again Jaishree Kalia Hogan Lovells has increased its pay for both trainees and newly-qualified (NQ) lawyers for the second year running after a…
