Kirkland & Ellis has become the latest firm to dramatically increase pay for its newly-qualified (NQ) solicitors.
Thanks to the pegging of Kirkland’s UK salaries to the dollar, the firm’s London-based juniors will now earn the staggering annual sum of £143,000. This follows a $10,000 hike in the salaries of its US lawyers from $180,000 to $190,000.
The move follows a similar uptick in salary announced by Milbank, Tweed , Hadley & McCloy earlier this month.
To find out how much you could earn as a trainee and NQ solicitor, check out The Lex 100’s ‘How much will I earn’ salary table.