Slaughter and May raises junior associate pay and hands out end-of-year bonuses of up to 16%

Magic circle firm increases associate pay to "reflect current market rates"

Slaughter and May has announced that it will hand out end-of-year associate bonuses of up to 16%, alongside an increase in pay rates for junior lawyers and trainees.

The bonuses, which the firm said it will pay to “associates achieving a good or exceptional level of performance”, will see newly-qualified lawyers receive a 9% bonus, while associates with between four-and-a-half and six-and-a-half years’ post-qualification experience (PQE) will take home a 16% bonus.

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