Weil Gotshal ups NQ pay to £90k

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Readers' comments (4)

  • Expected reaction to Magic Circle

    WG has been paying mid-Atlantic rates until now but this puts them up there with the top New York salaries.
    It's obviously in reaction to the Magic Circle - they needed to do something if they were going to keep getting the best associates.
    Afterall, If your not in private equity, £75,000 just wouldn't be a big enough differential from what the MC pay to make it worth the hassle.

    Recruitment consultant

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  • Retention bid

    Salary increases are all market driven so these hikes happen for a reason. If you have to rise salaries to retain associates then that is what has to be done.

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  • This is crazy

    This is crazy. Just how sustainable can all this be? Why would any client want to get involved in helping pay for this?
    How can you possibly justify putting a NQ in front of a client and charging £300 per hour?

    Recruitment consultant

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  • An expensive risk

    We are at the peak of the market at the moment, but you can be sure that at some point there will be a downturn. And when there is, with salaries at this level, firms will have to start making people redundant and they will be very expensive people to pay off.

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