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Clifford Chance follows Freshfields with £100,000 NQ solicitor pay

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Six-figure sum includes bonus

Clifford Chance has followed Freshfields’ lead and upped newly qualified (NQ) solicitor pay to £100,000, it emerged this morning.

Junior lawyers at Clifford Chance’s Canary Wharf HQ will now start lawyer life on a hefty £100,000, up from a previous salary of £91,000 including discretionary bonuses. It is worth noting, however, that Clifford Chance’s new and improved figure still includes bonuses, meaning Freshfields‘ NQs still have the potential to out-earn their magic circle counterparts, with discretionary bonuses on top of their £100,000 rates.

The 2019 Legal Cheek Firms Most List

Today’s money move will pile further pressure on the rest of the elite fivesome to follow suit. As it stands, NQs at Allen & Overy, Linklaters and Slaughter and May receive base rates of £83,000 respectively.

Assuming Clifford Chance’s lot receive their discretionary bonuses, Legal Cheek‘s Firms Most List shows that they’re now on a pay par with their opposite numbers at US outfit Covington & Burling (£100,000).

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