Eversheds has become the latest in a growing line of firms to cut salaries for newly qualified lawyers.
Following its latest salary review, rates for newly-qualifieds in London will fall from £48,000 to £46,000. One source described the reduction as “a market correction”.
The move comes in the wake of recent pay reductions at Hammonds, Masons, Clifford Chance and Osborne Clarke.
Tarlo Lyons makes senior employment hire
Tarlo Lyons has gained an employment partner from Pritchard Englefield. Howard Hymanson brings particular expertise advising on City bonus claims, the termination of employment of senior executives as well as whistleblowing and discrimination cases. Tarlo Lyons has gained an employment partner from Pritchard Englefield. Howard Hymanson brings particular expertise advising on City bonus claims, the […]