NQs at the firm’s City arm, which now accounts for more than a third of total revenues, will take home £63,000, up from £51,000 during 2005-06.
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The increases, which take effect this month, will also see trainees at OC’s office in London and Reading both earn £34,000 and £35,000 for years one and two respectively, with their counterparts in Bristol taking home £30,000 and £31,000.
OC managing partner Simon Beswick said: “We believe our current pay levels and bonus schemes, coupled with a strong, supportive culture, make OC an excellent choice for lawyers and trainees looking to progress their careers.”
The move comes after it was revealed this week on legalweek.com (16 July) that Halliwells’ London NQs will now take home £62,000 — representing a 22% increase on the £51,000 paid out to its NQs based in the capital last term.
Under the new salary bandings, which took effect from 1 July, junior Halliwells lawyers in