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.
Top in-house lawyers in the North West can now command salaries of up to £150,000 after a year that saw pay packages rise across the region.
The average salary for senior in-house counsels in the North West rose from £82,386 in 2004 to £86,000 last year. Salaries for junior in-housers rose too, with a one-year post-qualification experience (PQE) lawyer commanding pay of £33,000 in 2005 compared with £32,000 in 2004.
Recruiter BCL Legal carried out a survey of 130 companies across the region to reach the findings. It found on average that a higher number of in-house counsels now receive a car allowance and a bonus than in 2004, with 66 per cent now on an average bonus of £8,500.
The biggest salary hikes came for two year-PQE in-house lawyers, who enjoyed an increase of 10 per cent between 2004 and 2005. On average, North West in-house counsels at this level now earn £38,000 compared with £34,500 a year earlier.
The greatest difference between minimum and maximum salaries was at the five-year PQE level, ranging from £45,000 to £84,000.
BCL consultant Mark Levine said the construction sector tended to pay most generously.
He added: "Clients have to be competitive within the marketplace."