Skadden raises NQ lawyer pay to £165k

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By Emily Hinkley on


5% boost

Skadden has become the latest US firm to increase pay for its newly qualified (NQ) lawyers in the City of London.

Base rates at the New York-headquartered outfit have moved from £157,000 to £165,000, an uplift of 5%.

The Legal Cheek Firms Most List 2023 shows Skadden recruits around 14 trainees each year on a starting salary of £58,000. This rises to £63,000 in year two.

The 2023 Legal Cheek Firms Most List

The move follows similar increases in December by US firms Weil Gotshal and Cleary Gottlieb, both of which boosted NQ rates to £165,000 and £160,000 respectively.

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