Trainee rises too
London law firm Mishcon de Reya has bumped the salaries of its newly qualified (NQ) lawyers by a little over 5%.
Pay for fresh faced associates have risen to £95,000, an increase from the previous rate of £90,000. The firm’s last pay raise occurred in spring 2022, when pay went up from £80,000 to £90,000.
Trainees rates have also increased from £47,500 in year one and £52,500 in year two.
The Legal Cheek Firms Most List 2025 shows Mishcon offers approximately 30 training contracts annually and provides a £10,000 maintenance grant for future trainees pursuing the SQE.
The salary move takes Mishcon’s NQ above their counterparts at Osborne Clarke (£94,000) and Bristows (£92,000), and just below those at Shoosmiths (£97,000).
Vanessa Dewhurst, partner and chief people officer, commented:
“In line with our usual processes, we have undertaken a thorough review of the salary level offered to our newly qualified lawyers. As part of this review, we conducted a benchmarking exercise to ensure that our salaries remain competitive, fair and sustainable.”
She continued: “We assessed how to provide a remuneration package that ensures Mishcon attracts the brightest talent in the market and rewards our people for the exceptional contribution they make to our firm.”
The post Mishcon bumps NQ solicitor pay to £95k appeared first on Legal Cheek.