Baker McKenzie has cut its newly-qualified lawyers’ salaries for the year.
The firm had only launched the sign-on bonus in 2019, when it unveiled a slew of generous measures for its junior lawyers.
June 30, 2020 at 08:51 AM
1 minute read
Reporter
Baker McKenzie has cut its London newly-qualified (NQ) lawyers’ salaries in response to COVID-19 disruption, the firm said on Tuesday.
The firm has trimmed NQ rates by £2,500, and scrapped its sign-on bonus for the cohort. It had only introduced the sign-on bonus in 2019 as part of a generous new package for junior lawyers.
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