Comments on: Travers and Ashurst raise NQ lawyer salaries

By: Anonymous

Anonymous — Sun, 23 Jul 2023 13:31:46 +0000

In reply to That’s bottom league professional football player money. All the ones on Cravath Scale - eg K

By: Anon

Anon — Sat, 22 Jul 2023 20:01:53 +0000

On Travers, there’s been 10+ partner departures in the last year (with PE and Funds taking particularly bad hits), and as a result associates are leaving in greater numbers than people realise (those same teams being the key ones which are affected). To add – there’s no growth in revenue, profits are down (and a result bonuses are down on last year), and the kicker is that other people are undergoing stealth layoffs under the guise of “performance reviews”. Travers is a good firm with some bright people (who are, for the most part, also nice people) but at the moment there are some systemic issues. Increasing the NQ salary is long overdue but we have to hope they do something more substantial in the short term to stem the bleeding

By: C

Thu, 20 Jul 2023 14:29:38 +0000

Eversheds Sutherland has agreed a sprawling cooperation agreement with King & Wood Mallesons (KWM) that sees the firms agree exclusive referral deals, while also giving Eversheds the chance to grow substantially across the UK, Europe and Middle East. All this so why you can’t you ride smh

By: C

Thu, 20 Jul 2023 11:33:46 +0000

Who’s gonna rise next then? Can any associates, trainees confirm?

By: Leafs

Leafs — Thu, 20 Jul 2023 10:40:56 +0000

In reply to Lol. Because Dentons is the Meg of the law firm world

By: That’s bottom league professional football player money

That’s bottom league professional football player money — Wed, 19 Jul 2023 16:33:55 +0000

What firms are paying 4 pqe 240k (wanna know for research purposes of course )

By: C

Wed, 19 Jul 2023 15:46:47 +0000

In reply to Anon2. Probs not that’s why you hear the teen bunch and why a lot from those firms move to US firms.

By: Anonymous

Anonymous — Wed, 19 Jul 2023 14:52:23 +0000

In reply to Anon. Umm… it’s £230k+bonuses for 4 PQE at any of the high paying US firms with London offices. Is Ashurst really paying so low??

By: Anon2

Anon2 — Wed, 19 Jul 2023 14:50:06 +0000

What does a 7PQE earn at the likes of Travers, Macs, BCLP etc? I know at K&E, Simpson, Akin, Goodwin, Sidley etc that are paying Cravath Scale it’s around £320k + £90k minimum bonus if you hit hours target .
Are the UK firms raising the pay for mid to senior associates as well to keep up with the US firms?

By: Anon

Anon — Wed, 19 Jul 2023 14:44:00 +0000

In reply to US associate. Most of those that pay Cravath. The 240k is before bonuses at 4PQE

By: Lol

Lol — Wed, 19 Jul 2023 13:33:48 +0000

In reply to US associate. Facking ell 240k for 4 pqe??? Which firms? I mean I’ll probably lose my hair when I’m in my 30s on this salary from the stress but wow lol

By: Blimey

Blimey — Wed, 19 Jul 2023 11:11:43 +0000

Every time I go on here there is new NQ salary, blimey

By: US associate

US associate — Wed, 19 Jul 2023 10:08:30 +0000

In reply to Anon. As a reference point, you make £240k as a 4PQE at a US firm.

By: Anon

Anon — Wed, 19 Jul 2023 10:05:51 +0000

In reply to C. Has this been confirmed or just speculation/wishful thinking?

By: Sigh

Sigh — Wed, 19 Jul 2023 09:33:30 +0000

Revenue at Pinsent Masons has exceeded £600m And still no rises (sigh)

By: C

Wed, 19 Jul 2023 09:32:30 +0000

ES to 100k

By: Lol

Lol — Wed, 19 Jul 2023 09:32:06 +0000

Why do people treat Dentons like the “Meg” in the law firm world lol

By: abisheck

abisheck — Wed, 19 Jul 2023 09:10:48 +0000

In reply to Dave. Do you think they will? Any insiders?

By: Anon

Anon — Wed, 19 Jul 2023 08:44:16 +0000

In reply to Anonymous. The equivalent of a 1 PQE somewhere else?

By: Dave

Dave — Wed, 19 Jul 2023 07:40:37 +0000

Let’s hope mayer brown pull their finger out fast

By: Anonymous

Anonymous — Wed, 19 Jul 2023 06:41:02 +0000

In reply to Money de Reya. Do you know what the 3PQE is at Mishcon?