Herbert Smith is to hand its associates a £2,000 pay rise, revoking its previous decision to freeze its pay bands at 2007 rates.The City firm decided to hike associate pay across all salary bands with effect from 1 November this year, after concluding rates were below the market average. PSL and counsel salaries will be raised by similar amounts.
November 14, 2008 at 10:47 AM
1 minute read
The original version of this story was published on Legalweek
Herbert Smith is to hand its associates a £2,000 pay rise, revoking its previous decision to freeze its pay bands at 2007 rates.
The City firm decided to hike associate pay across all salary bands with effect from 1 November this year, after concluding rates were below the market average. Professional support lawyer and counsel salaries will be raised by similar amounts.
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