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Nabarro’s decision to increase salaries paid to its newly qualified (NQ) lawyers has reinforced the split that is emerging in the legal market in relation to associate pay.
Trainee solicitors qualifying in September 2011 and January 2012 can expect wages of £59,000 for their first year, a modest rise of £1,000 on last year’s amount.
Meanwhile, rates for associates with up to six years post qualification experience were raised by between three and 10 per cent. Junior and middle ranking associate salaries at Nabarro continue to be set by a performance-based system rather than salary bands.