London: Linklaters to pay NQs £107,000
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Newly qualified solicitors at Linklaters will receive salaries of just over £107,000 as the magic circle firm raises the stakes in the ongoing pay war amongst law firms in the City.
The firm confirmed it will pay NQs £107,500 – a 7.5 per cent rise at the firm and £500 more than is paid at Anglo-Australian law firm Herbert Smith Freehills.
While Linklaters is now the most generous of the magic circle firms, it lags behind US rivals. The company last month revealed that full equity partners received £1.77 million each on average, up 10 per cent on the previous year.
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