Lawyer salary

Big Four PwC player joins city firms to raise pay for junior lawyers

Moves NQ rates to £90,000

Accounting giant PwC has increased the salaries of its newly qualified (NQ) lawyers, legal cheek can reveal, as businesses across the city continue to spend money to attract and retain top legal talent.

The Big Four player, who recruits around 25 interns each year, has confirmed his most junior lawyers will now start on a salary of £90,000. This matches the salary currently being offered by Ince, Mishcon de Reya and Stephenson Harwood, our 2022 biggest company list shows.

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Details of the new NQ rates come just weeks after the company announced that more than £120million was earmarked for staff pay rises, “in a move that recognizes the rising cost of living and the market competitive recruitment”.

PwC Legal, as it was then known, began offering legal services in 2014 when it was granted an Alternative Business Structure (ABS) license by the Solicitors Regulation Authority (SRA). Two years later, he integrated his legal branch into the accounting firm PwC.

Its legal activity in the United Kingdom has since gone from strength to strength. The number of employees now stands at around 400, and its management has recently established ambitious plans to double this figure in the coming years.