Two more corporate firms find homes for over 80% of their newly-qualifying young
The lucky 24 will see their salaries jump dramatically, with London remuneration for newly-qualified (NQ) solicitors set at £65,000 at Bakers and £59,000 at Nabarro.
Outside of the capital, pay is much less, with Nabarro compensating its Sheffield NQs to the tune of £38,000 and Bakers declining to specify figures for its Belfast solicitors.
The news comes amid a generally strong Spring 2015 recruitment round, in which many firms, including magic circle trio Allen & Overy, Linklaters and Clifford Chance, have posted figures in excess of 90%.
Baker & McKenzie’s last three trainee retention rounds
Nabarro’s last three trainee retention rounds
Firm profile: Baker & McKenzie [Legal Cheek]
Firm profile: Nabarro [Legal Cheek]