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Firms continue to loosen financial restrictions that were undertaken in response to pandemic uncertainty.

Macfarlanes has bumped up salaries for its newly-qualified associates to its pre-pandemic high of £85,000, after it slashed pay by £5,000 last summer.

In August, the firm announced it would be paying its NQs £80,000, down from the original £85,000 due to uncertainty caused by the COVID-19 pandemic and pending a review in the autumn.

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Hannah Roberts

Hannah joined Legal Week in May 2018 after finishing her degree at Kingston University. Her areas of focus are corporate, M&A, private equity and restructuring at UK and City-based US law firms. [email protected]

 

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