DLA Piper raises NQ pay to £77,000 and boosts trainee salaries
Clyde & Co and Eversheds Sutherland have also announced pay increases for NQs and trainees
September 17, 2018 at 06:51 AM
2 minute read
DLA Piper has increased salaries for its newly qualified (NQ) lawyers, with London associate pay rising by £2,000 to £77,000.
Pay for trainees based in the City will also rise to £45,000 for first-years, up from £44,000 last year, and £50,000 for second-years, up from £49,000.
The firm's new rates for UK associates based outside of London has also risen by £2,000 to hit £44,000, up from £42,000 last year.
Pay for first-year trainees outside the City has increased for the first time since 2015, increasing salaries by £1,000 to £28,000. Meanwhile, pay for second-years outside the capital will be held at last year's rate of £30,000.
Meanwhile, Clyde & Co has boosted NQ pay by £2,000, up from £63,000 to £65,000.
UK-based first-year trainees at Clydes will also now receive £38,000, up from £36,000, and second-years will take home £40,000, up from £38,000.
Eversheds Sutherland has also announced its average pay for UK-based associates and trainees. NQ pay will increase by 8% to £57,000, while first-year trainees' pay increased by 7% to £33,750 and second-years' pay up 11% to £36,500. The firm said it does not break down pay by location.
Last month, a raft of firms announced pay increases for associates and trainees, including Pinsent Masons, CMS, Macfarlanes, Hogan Lovells, Travers Smith and Stephenson Harwood, Dechert, Dentons and Addleshaw Goddard.
All magic circle firms bar Linklaters have confirmed their NQ pay rates for this year. Freshfields and Slaughters opted to hold their first-year NQ rates at £85,000 and £80,000 respectively. CC pushed its NQ remuneration to £91,000 – up from £87,300 last year, while Allen & Overy increased NQ pay to £83,000.
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