Ashurst catches up with rivals' NQ salaries

Ashurst has increased its associate salaries by 16 per cent to catch up with its City rivals.

The City firm has raised its salary for newly-qualified solicitors 16 per cent from £55,000 to £64,000, a figure that is fast becoming about average at the City’s law firms.

Clifford Chance, Lovells, Norton Rose and Slaughter and May pay their new starters £63,500. Allen & Overy and Freshfields Bruckhaus Deringer offer newly-qualified solicitors a starting salary of £65,000.

Ashurst also announced a 13 per cent increase for solicitors with one year’s post-qualification experience rising from £60,000 to £68,000.