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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.
Quadrant Chambers is to raise its pupillage award by more than a third in a move that will further intensify the war for talent at the bar.
Those beginning pupillage in the 2010-11 intake will receive an annual award of £55,000, up from £40,000.
Chief executive Tim Gerrard said it was a correctional measure adopted because the set had not raised its pupillage award in several years.
“We’re very conscious that it’s not been changed for a while and we’ve fallen behind,” Gerrard said, adding: “If you’re an attractive set and you’re offering a below market rate you will not going to get the best people.”
In August One Essex Court announced it would boost its pupillage award by 33 per cent from £45,000 to £60,000 for its October 2010 intake making its trainees barristers the highest paid in the capital.
Elsewhere Wilberforce Chambers has raised its award to £48,000 from £40,000 while Essex Court is upping its pupillage pay from £40,000 to £55,000.
Meanwhile, Nicholas Hill, senior practice director at 3 Verulum Building said his set was considering raising its award post 2010-11 to bring it in line with the market.