Bingham shocks market with NQ salary of £100K

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  • I guess if they have two NQs doing the work of 6 at a normal firm then fair dos.

    I don't believe any 24 yr old is worth 100k, however.

    Maybe R Patz. No one else.

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  • “It’s ridiculous,” said the partner. “Whenever a candidate mentions pay during an interview it makes me want to puke.
    “Salary isn’t really an influential factor for the really good candidates, who are after the best-quality training.”
    Is he a wind-up?

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  • In that case the ideal strategy would have been to:
    1. Announce NEW trainee salaries of X where X is any unreasonable number (120K? 150K?...)
    2. Later make a small and much less publicized announcement that no NEW trainees are to be taken in - crisis, y'know!
    Bingo. Free publicity.

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  • QUOTE: “It’s ridiculous,” said the partner. “Whenever a candidate mentions pay during an interview it makes me want to puke.

    “Salary isn’t really an influential factor for the really good candidates, who are after the best-quality training.”

    What planet is this guy on? Who associates the name of a firm with the "quality of their training"? In any case, how do you determine who a good trainer is/isn't?

    Regional firms tend to give the best training so if that person is right, no-one would go to the city at all!

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  • “It’s ridiculous,” said the partner. “Whenever a candidate mentions pay during an interview it makes me want to puke.

    “Salary isn’t really an influential factor for the really good candidates, who are after the best-quality training.”


    Is this a joke? If they're so confident of the "quality" of their training, perhaps they should pay 50% of what the other firms do and see who bites!

    Presumably this is the party-line for that firm to grossly under pay its fee earners - "we give you quality training, you don't need the cash"!

    Surely that's a reason to take the training then bugger off to a better paid job, genius!

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  • Only £100k after years of training and presumably being top of the crop?

    In London that's a pathetic salary these days. Chums of mine younger than 24 are earning two and three times that much.

    Who'd be a lawyer - crap money, hated by everyone, and they presumably have to work hard as well!

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  • @underpaid: you're not seeing it from the client's point of view. Bingham are paying 100k out of billings. How many clients are going to be happy with that?

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  • Good stuff - share the wealth - better to reward the young talent coming through than rewarding the lock step dinosaurs and right place right time merchants who bring little to the party

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  • I don't mind admitting that I'm envious of the wage of my contemporaries at Bingham's, who probably achieved similar academic results to me. Are they worth it? Probably not; it takes more than 6 months of photocopying documents in any given department to prove that you're worth that sort of wage.

    Regardless of my envy at the figure, I would still be reluctant to sign away my life and work in London even for double the wage. A top regional firm in a great city such as Bristol, Cambridge etc offering a great work-life balance is a fantastic lure in itself. Personally, I'd rather earn a lesser primary wage, earn supplementary money through more enjoyable avenues during my spare time and live an extra 10 years.

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  • They're representing your nephew when he is negligent and saving him from losing his license to practice medicine. They're also advocates for people whose lives AREN'T saved as a result of medical negligence.

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