White & Case has given junior lawyers some really juicy raises.
Effective from 1 May, the firm has bumped the salary for newly-qualifieds from £75,000 to a whopping £90,000.
Meanwhile 2PQEs rocket over the £100,000 line and 3PQEs are now going to be on £110,000.
Here's the table:
PQE |
2015 salary (£) |
2014 salary (£) |
Trainee Year 1 |
44,000 |
43,000 |
Trainee Year 2 |
48,000 |
46,000 |
NQ |
90,000 |
75,000 |
1 |
95,000 |
80,000 |
2 |
101,000 |
92,500 |
3 |
110,000 |
105,000 |
4 to 9+ |
Discretionary |
Discretionary |
A spokesman said the "significant" raises, which put White & Case well above the likes of the Magic Circle and more in line with high-paying US firms like Akin Gump (which pays NQs £100,000), followed "discussions with partners, feedback from the Firm’s employee committee representatives and analysis of the market". It looks like they definitely listened to the employee reps, at least.
Now filled with extra gold |
The spokesman said that the London office "is pivotal to the Firm’s global ambitions and continued success". Hence a new, juicier carrot.
Read more on Friday.
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