Lawyer salary

Dentons raises pay for NQ lawyers by 15% to £92,000

Juniors logging 1,700 billing hours will receive £107,640

The world’s largest law firm is increasing the salaries of its most junior lawyers.

Dentons is set to raise base rates for Newly Qualified (NQ) Associates in London from £80,000 to £92,000, a healthy 15% increase.

The cash injection will put the company’s NQs ahead of their peers at Ince (£90,000) and Stephenson Harwood (£90,000), and a touching distance from those at K&L Gates (£93,000).

Along with the increase in base rates, the international team have also devised a new bonus scheme which will put City juniors logging 1,700 billable hours online to receive total pay of £107,640.

The scheme applies to associates at all levels and across all offices in the UK, Ireland and the Middle East (UKIME), and will operate alongside an additional discretionary bonus for “outstanding performance”. Depending on location and seniority of associates, bonuses will come in between 1,200 and 1,500 billable hours.

The 2022 legal cheek List of the most

The changes will come into effect from July 2022 following a review led by UKIME CEO Paul Jarvis.

Commenting on the new approach, Jarvis said:

“We want to retain and recruit the best talent. A key feature of the new bonus system is that it comes into effect at a lower threshold of billable hours. We are also increasing percentage payouts. This means that anyone working the same hours as last year will receive a bigger bonus. Many employees who narrowly missed bonuses in previous years are also likely to qualify for a bonus next year.

the legal cheek The 2022 list of most companies shows Dentons offering around 48 training contracts in the UK a year, with trainees in London receiving £45,000 in the first year and £50,000 in the second year. NQs outside London currently earn between £45,000 and £50,000.

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