Another US Law Firm Holds London NQ Pay At 2019 Rate
The firm last raised its pay rates for newly qualified associates in October 2019, and says it has "no plans" to review the amounts this year.
June 23, 2020 at 06:43 AM
2 minute read
Cleary Gottlieb Steen & Hamilton will hold its salaries for its next set of London newly qualified (NQ) lawyers, becoming the latest U.S. firm to not partake in the traditional annual pay war.
There are currently "no plans" to review compensation at the firm, which was last increased by a hefty 11% to hit £133,000 in October 2019, according to a spokesperson for Cleary.
The spokesperson added that "trainees will qualify as normal in September on our standard newly qualified salaries."
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