Salaries

Official stats show how much law grads are earning five years on

HSF, Freshfields and A&O among outfits to introduce belt-tightening measures

But over half too scared to ask for pay rise

Keeps two out of three NQs

Rookies in regions hit hardest

Rookie pay hits £90,000, as billing targets increase from 1,650 to 1,700 hours

Rises follow last summer’s improved six-figure packages for NQs

Extra £20,000

Trainees receive fresh rises too

Rises for trainees too

Uplifts for GDL and LPC maintenance grants, too

How does £67,000 a year sound?

£48,000 in year one, rising to £52,000 in year two

City player will now recruit 50 trainees annually

Year one rookies receive £50,000 — a 9% boost