Ince boosts junior lawyer pay by over a quarter to £90k

Gives associates reduce of recent enterprise in rewards shake-up

Ince has upped the salaries of its London newly certified (NQ) attorneys by over a quarter.

Salaries for recent confronted associates have moved from £71,000 to £90,000 with instant impact, the outfit confirmed. This equates to a very sizeable uplift of £19,000 or 27%.

Ince confirmed will increase have additionally taken place throughout all different affiliate wage bands.

The agency has rolled out a new “introducer bonus” which sees associates who appeal to new purchasers via its doorways obtain a 10% slice of the charges on every matter relating to that new consumer. That is on prime of the agency’s current discretionary and hours-based rewards.

The Authorized Cheek 2022 Corporations Most Checklist reveals the money injection places Ince’s London lot on par with these at Ashurst and Baker McKenzie, and £2k higher off than NQs at DLA Piper and Simmons & Simmons.

A spokesperson for the agency mentioned: “Ince can confirm that it will be raising starting salaries for newly qualified lawyers as well as introducing a new financial incentive to reward associates who bring in new clients. The increase comes into immediate effect for all Ince’s fee earners in London, and will follow for those in the other UK offices in the coming months.”

They added:

“The revisions reflect the current market dynamic to increase starting salaries. Ince remains committed to attracting and retaining world class talent, both through competitive remuneration and offering compelling career progression opportunities.”

The conflict to appeal to and retain the most effective junior lawyer expertise is exhibiting no indicators of waning.

Final week Herbert Smith Freehills joined the battle with a new and improved NQ base fee of £105,000, simply a day after Bryan Cave Leighton Paisner and Mishcon de Reya bumped junior salaries to £95,000 and £83,000, respectively.

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