£60k Starter for Four New Square Pupils
More Barristers raise the pay bar. This time Four New Square is to increase its current pupillage award from £45,000 to £50,000. The 2011-12 year will see the award jump even higher to £60,000, putting it on a par with One Essex Court . In the meantime commercial law firms have retreated on salaries through the downturn – Freshfields Bruckhaus Deringer was the first major firm to announce back in February that it was reversing its associate salary bands, with NQ …
More Barristers raise the pay bar. This time Four New Square is to increase its current pupillage award from £45,000 to £50,000.
The 2011-12 year will see the award jump even higher to £60,000, putting it on a par with One Essex Court .
In the meantime commercial law firms have retreated on salaries through the downturn – Freshfields Bruckhaus Deringer was the first major firm to announce back in February that it was reversing its associate salary bands, with NQ salaries dropping from £66,000 to £59,000; many City firms followed suit and more recently, firms in the regions have also taken the City’s lead.
Chambers Follow Lead of One Essex Court and Up Pupils’ Salaries [SolicitR]
October 1, 2009
and I thought the bar already had too many applicants
October 1, 2009
It amazes me that barristers chambers have actually taken this much time to reach a par with the major law firms when it comes to pay. Relying on the brightest students aspiring to the bar for intellectual reasons is a pompous anachronism, money talks.
October 2, 2009
good stuff