Shearman & Sterling hikes NQ pay by more than 10%

Newly qualified London lawyers at US firm will now receive £105,000

Shearman & Sterling has announced that it is increasing pay for newly qualified (NQ) UK associates by 10.5% from £95,000 to £105,000.

Lawyers in the firm’s mid-level associate band, which starts at 3.5 years post-qualification experience (PQE) will see a 9.5% pay increase from £126,000 to £138,000.

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