Baker & McKenzie is freezing pay for its City associates at last year's levels, with trainees the only London lawyers to see increases in salary rates. The international firm has opted to hold rates at 2010 levels, meaning newly-qualified (NQ) associates at Bakers' City arm will continue to earn £61,000. Lawyers with one year's post-qualification experience (PQE) will earn £68,000 and two and three-year PQE rates will remain at £74,000 and £82,000 respectively. Associates will progress through the pay bands as normal.
August 03, 2011 at 09:45 AM
1 minute read
The original version of this story was published on Legalweek
Baker & McKenzie is freezing pay for its City associates at last year’s levels, with trainees the only London lawyers to see increases in salary rates.
The international firm has opted to hold rates at 2010 levels, meaning newly-qualified (NQ) associates at Bakers’ City arm will continue to earn £61,000.
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