City law firms have been taking measures relating to NQ pay, usually to curb the impacts of the coronavirus on finances.Morgan Lewis Holds London NQ Pay as Norton Rose and Paul Hastings Mull Options
The firms are the latest to consider their options regarding pay for their junior lawyers.
June 25, 2020 at 12:28 PM
2 minute read
Morgan Lewis & Bockius will not increase its London newly qualified (NQ) salaries this year, as Norton Rose Fulbright and Paul Hastings mull any changes to their NQ rates in the city.
A spokesperson for Morgan Lewis said the firm anticipates "no changes in NQ base salaries". The firm reviews its NQ pay rates every year, according to a London partner with knowledge of the matter. According to the Chambers Student guide, the firm currently pays £115,000 to its NQ lawyers.
Norton Rose Fulbright is yet to decide whether it will change from its present rate of £87,000.
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