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.
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.