5k is not 10% of 125k. It’s less than 5%. You see this is because it would be exactly 5% if it were over a hundred: five-per-cent. Because the denominator is higher, the result is lower. You’re off by more than 100%. With the appropriate maths GCSE, it is very possible that you might have found more luck in applying to an ‘Elitist MC firm’. Also, Jared, those astronomical property taxes are f***ing annoying. Please don’t disrespect the successful lawyers like that.

Maybe she is new, maybe she isn’t.
I am not new to Legal Cheek and I despise Kirkland NQ.

Money isn’t everything … to normal people.
I am sorry for you Kirkland NQ
I don’t even try to imagine your life when you are old – and very lonely, just you and “your fortune.”

You’ll be a great business leader one day when you turn to your employees and say, “don’t worry about your 9% salary cut, it is insignificant. Think longer term”.

I mean, it is an article about lawyers from London. If it offends you so much you can always go talk to the average person on the street or you can even read The Sun to get a sense of what they tend to care about. Happy reading!

Haha you must be new too. My salary far exceeds the GDP of many European states, as you can tell from my Lambo collection.

What do you consider a prestigious transaction, selling the world to aliens?

It’s like the average person on the street listening to high net worth individuals b*tch about high taxes on their 3rd UK property.

The other 80-90% not on superhuman salaries don’t really give a rat’s backside and find this kind of concern over £5k at that level of salary (it’s what, 10%? And there are probably bonuses on top right?), and future prospective salaries, to be incredibly sad, shortsighted, self centred, and miserly.

Clearly Karolina is new to Legal Cheek. Kirkland NQ is a highly regarded member of this forum and his salary far exceeds that of any MC partner.

But that describes the UK as a country overall. The UK has pretensions (delusions?) to be a peer of the US. But salaries in the UK are at a 50% discount, and in the case of software engineers, a third. Before anyone starts: No, the dysfunctional NHS, where you have to wait months and weeks for an appointment, does not make up for it.

Your comment made me think that you are not a Kirkland NQ, you just wish you were. And you must be well under £125k salary.
But perhaps you are a Kirkland NQ – and a pathetic careerist?

I am a 2nd year trainee in a highly regarded British law firm (not in London, thankfully!), I am not even on £40k now and my NQ salary will be under £70k, but at least I am not a moron. 🙂

The last Beemer out of Appold Street…

If you read the contract, I suspect (going by my TC from a couple of years ago, plus my associate contract) that there is a paragraph reserving the right to amend salaries owing to business and market needs

This is a distinctly average list of transactions.

The fact you’re blown away by it suggests maybe you need to do a little more research.

Assume they’ll see out the current pay year on the Shearman scale and they’ll be harmonised (i.e. get a smaller rise) at the next pay review.