Thank you. Thought so. I hope the grad rec sends a note to all future trainees quelling the rumours.

Fake news – opposite actually. Skadden looking to increase TC intake to Latham levels over the next 5 years in increments.

Nothing rising here.

That CP satisfaction letter won’t draft itself

Bunching happens everywhere and is likely based on performance (both personally and team). I had c.10% raise putting me c.25k above NQ (plus bonus). Also, partners almost exclusively join the equity so there is actually one less level than at the majority of other firms.

55.5 in regions, confirmed internally

Ashurst has risen, don’t know how they’ve kept it quiet. It’s not on par with HSF and Macs and the bunching has gotten worse.

Wait as in, all those with confirmed TCS are getting let go?

Is this true? Not heard anything in the regions – any ideas?

£75k in cities like Leeds, Sheffield, Manchester etc will go a lot further than £110k in London.

Is there a single source for this that isn’t LC comments?

Will they try to get everyone placed with other firms?

The question is whether Farrer’s work remit is genuinely deserving of any more than £83k. If you ask any professional with ample knowledge of Farrer’s typical workload, I assure that they will answer no. Being in London alone does not entitle one to a large NQ salary.

Heard SH will increase by September after PEP and profit increases, not sure to what though?

He ran out of dough.

Getting let go mate but trying to place them with other firms where possible i.e. someone fails SQE and is let go from their TC.

What does that mean ? Skadden only recruits via VS. Are you saying they are cancelling their VS from next cycle ? What is the reason ? Are they not doing well ?

Yes heard similar. Thanks Brexit