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 Herbert Smith Freehills, an Anglo-Australian law firm.
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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