Thursday, 23 August 2018

Macfarlanes and CMS release autumn 2018 rates alongside a boost to NQ salaries

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Macfarlanes and CMS release autumn 2018 rates alongside a boost to NQ salaries

Macfarlanes and CMS have announced pay rises for their newly-qualified (NQ) solicitors as they reveal how many trainees will be staying on post qualification.

Soon-to-be associates at Macfarlanes will now receive an impressive £80,000 (up from £75,000), a figure sure to keep the 21 of its 23 qualifying trainees who are staying on at the firm more than happy.

Seán Lavin, head of graduate recruitment at Macfarlanes said:‘We are pleased to have maintained our consistently high retention rates for our trainees qualifying this September. It is our objective each year to offer a role to every trainee on qualification and to retain this talent. Our trainees are the future of this firm and we recruit and train all our trainees with a view to offering them long-term careers at Macfarlanes.’

Meanwhile, CMS, which is retaining 55 of its 72 qualifiers, has upped its London NQ pay to £70,000. Bristol NQs will receive £50,000 and NQs in the firm’s Scottish offices will take home £40,000. Their counterparts in Sheffield and Manchester will earn £41,000 and £42,000 respectively.

36 qualifiers have accepted positions at the combined firm's London office, alongside six in Sheffield, three in Aberdeen, two in Glasgow, six in Edinburgh and two in Bristol.

Last modified on Thursday, 23 August 2018 14:50