The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Herbert Smith has ended its salary freeze, increasing pay for newly-qualified (NQ) lawyers and at various levels of post qualification experience (PQE)
NQs at the firm will now receive £61,500, up £500 on 2011. Meanwhile pay for one year and four year PQE lawyers rose £500, to £68,500 and £94,000, respectively. Those at two-year PQE will see salaries rise £2,000, to £75,000. Pay for three-year PQEs has risen £1,000, to £86,000.
Herbert Smith froze its salary bands in 2011, though associates still progressed through the existing bands (27 May 2012).
Associates will continue to roll through the bands this year, with salary increases effective from 1 June 2012.