Mishcon raises NQ lawyer pay to £90k

Pay warfare rages on

Mishcon de Reya has elevated newly certified (NQ) solicitor pay by 8%.

NQs within the agency’s London workplace will now earn £90,000 from £83,000, efficient 1 July 2022.

The transfer signifies that Mishcon’s new associates now earn the identical as these at Ince and Stephenson Harwood. They’ll earn £2,000 greater than these at Hen & Hen, the place NQ pay is at the moment £88,000, and £3,000 greater than these at Shoosmiths, who elevated NQ pay earlier this week to £87,000.

Mishcon mentioned in a press release:

“We keep compensation under constant review at Mishcon de Reya and, in this particularly buoyant market, want to ensure that we do all that we can to attract the best talent and to reward our people for their continued contribution to our firm.”

A pay warfare has been waging throughout the Metropolis in current months, pushed partially by the mega-paying US regulation corporations in London the place NQ salaries can stretch to over £160,000. It’s prolonged to the areas, too, and up to date Authorized Cheek protection rounded up the important thing NQ pay movers past the capital.

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