Slaughter and May is the latest firm to boost salaries and benefits for its lawyers at all PQE levels, following feedback from a review.

The firm is increasing pay across all PQE levels by up to 20 per cent, alongside a raft of initiatives aimed at addressing work-life balance and career balance.

The NQ salary will be raised by 7.5 per cent from £107,500 to £115,000 next month. The firm has also guaranteed to address compression within PQE levels by creating a wider spread between the top and bottom PQE ranges, together with a model that moves associates through PQE levels every six months providing twice-yearly pay progression. The firm has also committed to pay bonuses twice a year based on performance, rather than annually.

It is also expected to structure support to associates and those they work for and introduce more conversations relating to career progression and development.

Senior partner Steve Cooke said in a statement: “I am very pleased to be able to update associates today on the outcome of this review and the feedback they have shared. By raising salaries significantly, putting forward some concrete proposals in relation to work life balance, and strengthening support for career development, we are recognising the importance of our associates at all levels”.