As U.S. salaries push past the $200,000 mark, Law.com International looks at the firms that have increased their UK salary rates for junior lawyers so far.
July 22, 2021 at 07:14 AM
7 minute read
Reporter
The decision by Milbank to raise its junior lawyer salary to $200,000 has had an impact worldwide, as numerous rivals clamoured to match or even outdo the latest hikes in junior pay.
More than 25 law firms have now updated their rates in the U.K., where the ripple effect has touched almost all parts of the commercial legal industry, with Magic Circle, transatlantic, U.K.-centric and boutique firms all announcing changes.
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