Freshfields Bruckhaus Deringer has announced details of its 2013 associate salaries - holding rates at 2012 levels as the magic circle firm becomes the third to reveal junior lawyer pay this year. Despite the rates remaining broadly the same as last year, junior lawyers at Freshfields will still be able to take home the same or more than their magic circle peers. Trainee salaries remain at £39,000 for first year recruits and £44,000 for those in their second year, marking the fifth year they have stuck at this rate. Meanwhile, the foundation stage in the magic circle firm's ‘milestone' pay bands - which were introduced last year and replace the previous system of pay based on number of years of post-qualification experience (PQE) - remains in the range of £65,000 to £72,500. This band is largely equivalent to newly-qualified (NQ) and one year PQE lawyers.
May 10, 2013 at 10:43 AM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer has announced details of its 2013 associate salaries – holding rates at 2012 levels as the magic circle firm becomes the third to reveal junior lawyer pay this year.
Despite the rates remaining broadly the same as last year, junior lawyers at Freshfields will still be able to take home the same or more than their magic circle peers.
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