RPC has broken ranks with the rest of the City and has ditched a fixed salary to newly-qualified lawyers. Instead. NQs will be assessed on performance and will be remunerated within a broad pay band. Will other firms follow suit?
RPC to scrap NQ flat rate salary for performance-based pay
Davis Polk joins NQ £100k club with London trainee programme
Pressure group: analysis on retention rates
The US firms piling into the trainee market