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UK associates have always been able to make more money by joining a US firm’s London office, but the new £105,000 benchmark for newly qualified (NQ) lawyers at White & Case and Shearman & Sterling raises fresh questions about how UK firms will be able to compete for top talent.

Georgina Stanley

Georgina Stanley is the editor of Legal Week. She joined the magazine in October 2005 and has since written news, analysis and commentary about a range of leading UK and international commercial law firms, as well as trends in the profession. Before joining Legal Week she worked at several business titles, starting her journalism career at Euromoney.

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