Slaughters hands NQ lawyers salary bump to £63,000

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  • I can't think of any other industry that gives its staff pay rises of almost £10k a year, no wonder so many graduates wants to go into law

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  • @Anon - Where did you get the £10k a year figure from?

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  • @Anon 2:47 - Presumably you're talking about the pay difference between bands? This is pretty common across the professions - think accountancy, medicine etc. It reflects the fact that each year's experience makes you a much more valuable employee and that your job description is contantly evolving (the job done by a 3 PQE tends to be pretty different from that done by a trainee). Unless you make partner it does eventually tail off to circa 2% rises.

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  • Its such a wonderful firm - with no bullying partners causing stress to associates - no all that's been thoroughly rooted out by a strong HR team - of course it has!

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  • @ Anon (3.22pm) - I think Anon above is referring to the payrise as you progress through the lockstep i.e. 1PQE to 2 PQE (£8.5k) and 2PQE to 3PQE (£8k).

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  • X on £43K as a second year trainee moves on as a one year PQE to £63K. Nice work if you can get it - but it is getting more difficult to obtain a training contract.

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  • From antitrust point of view, this is called "signalling", i.e. letting your competitors know what your main costs are with the aim of having those competitors then adjust their competitive behaviour accordingly. The quote is just a perfect example. Hopefully the OFT will read this.

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  • That's still 30K short of what an NQ at a US firm in London makes and I know from personal experience that the hours are the same if not better at most US firms in London because work just doesn't come in as consistently as it does at the MC firms...

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  • Wow! I am over 20 years qualified and earning much less than trainee solicitors.Who said personal injury work is lucrative.I need to work in the City!

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