Shearman & Sterling announced Tuesday an increase of 7 percent in London associate salaries, putting the firm's rates well ahead of those at top U.K. firms. In response to Shearman's move, Linklaters announced raises of nearly 4 percent for junior lawyers, in what will be seen as a confident move from the U.K. giant.
April 30, 2008 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
Shearman & Sterling has announced an increase of 7 percent in its London associate salaries, putting the firm’s rates well ahead of those at top U.K. firms.
The rises mean a newly qualified solicitor based at the firm’s London office will get paid 80,000 pounds ($157,976), up from a figure of 75,000 pounds last year.
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