National firm Pinsent Masons has boosted salaries for its newly qualified lawyers (NQs).
City NQs will now receive an additional 10,000, a rise of 19 per cent from the previous figure of 53,000 to 63,000.
NQs at the firm’s regional offices in Birmingham, Leeds and Manchester, meanwhile, will earn 40,000 during 2007-08 a 14 per cent hike from the 35,000 they have hitherto received.
Those at the firm’s offices in Edinburgh and Glasgow will pocket 34,000 a more modest increase of 6 per cent on the previous figure of 32,000.
The new pay bands took effect from 1 July and match the rates set by Addleshaw Goddard last month, which broke the symbolic 40,000 mark for junior lawyers outside London for the first time.
As previously reported by www.lawyer2b.com, DLA Piper responded with a 19 per cent salary increase for NQ lawyers in the City to 63,000. The firm lifted regional salaries by just 4 per cent in the regions to 36,500, although junior lawyers in Manchester, Leeds and Birmingham will receive a successive payrise to at least 39,000 in January next year