Orrick has increased salaries for its newly qualified (NQ) solicitors in London, Legal Cheek can reveal.
NQ base rates have risen 8%, from an already impressive £130,000 to £140,000.
Trainee pay in Orrick’s London office starts at £55,000, rising to £60,000 in year two. The firm offers around five training contracts every year.
Earlier this month Legal Cheek reported that Mayer Brown had moved junior lawyer pay to £120,000, a 12% increase from £107,500. Other firms to have boost rates in recent weeks include Bird & Bird, HFW, Dentons, Taylor Wessing, Travers Smith, CMS, Simmons & Simmons, and Ashurst.