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Dechert, Eversheds and Addleshaw latest firms to hike junior lawyer pay

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Miriam Gonzalez’s firm leads way, upping NQ salary to £74,000

Lead

Dechert is the latest firm to throw a deflation-busting pay rise to its London junior lawyers as the Philadelphia-based practice bumped up newly-qualified starting salaries by nearly 9%.

That rate of increase matched the percentage rise announced last week at mid-tier firm Travers Smith, but Dechert far outpaced the English player in terms of cold hard cash.

While freshly-minted lawyers at Travers were put on starting whacks of £70,000, those at Dechert — where Miriam Gonzalez (pictured), the wife of ex-Deputy Prime Minister Nick Clegg, is a partner — will now be taking home £74,000.

But juniors at Dechert were far and away the luckiest of the bunch at a further three firms where pay rises were revealed at the end of last week.

The other rises came at international firm Eversheds, which bumped up NQ pay in its London headquarters by 5% to £62,000, and the London office of Addleshaw Goddard, where new qualifiers received a boost of slightly more than 3% to take starting pay to £61,000.

Meanwhile, Addleshaw associates were given a pay boost from £61,000 to £62,000. While those operating out the firm’s regional offices also received a modest increase from £38,000 to £40,000. NQs at Eversheds’ regional office bagged an 8% rise to £40,000.

Some trainees also did well. Dechert bumped up first-year pay by £2,000 to £44,000; Eversheds doled out a pay rise of a grand, taking first-years to £37,000 — the same level as Addleshaw trainees, whose salaries will be unchanged in 2015.

Previously:

City law pay bonanza — three firms boost junior wedge by as much as 9% [Legal Cheek]

13 Comments

Anonymous

And Linklaters is still looking a bit silly 🙁

(8)(1)

Anonymous

Who needs money when you have ‘prestige’… 😭

(2)(1)

Fat cat partners

…and Squire Patton Boggs still remains as silent as a Buddhist monk. Pathetic.

(13)(0)

Uncle Fester

Sucks to be you! Allah Akbar!

(1)(3)

Mr Moneybags

Fieldfisher upped NQ salaries to £62k as well, it’s all over Lawyer2B. Simmons raised to £68k last week.

Knowing LC’s reputation of shamelessly plugging other website’s sotries I expected this to be plastered all over the board.

(8)(0)

Mr Moneybags

*stories

Attention 2 detail fail!

(2)(1)

legal-eagle@outlook.com

The Addleshaws details are completely wrong! This is last year.

(2)(0)

Anonymous

Addleshaws have upped the regions to £40,000. This article is wrong.

(0)(0)

Anonymous

SPB in the regions is now £39k.

(2)(0)

Cortisol

Any info on London?

(0)(1)

Curious

Any advances on the AG London salary for both Trainees and NQ?

(1)(0)

Anonymous

No change in trainees. NQs in London to £62k, regions to £40k.

(1)(0)

Anonymous

This is all just wishful thinking. At this point I’d pay to get a training contract tbh.

(2)(1)

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