Hogan Lovells, Latham and Watkins, CMS and Pinsent Masons are the latest firms to make decisions regarding their newly qualified (NQ) associate salary rates for 2020 in response to the COVID-19 crisis.

Hogan Lovells has opted to cut its rates, trimming NQ pay by £5,000 to £85,000 for its London lawyers, and by £2,000 to £46,000 for its Birmingham-based cohort, a spokesperson confirmed.