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(From The Lawyer)
Lovells has raised newly-qualifieds' salaries by 6 per cent to overtake Allen & Overy (A&O), but it still trails Linklaters as this year's first associate salary hikes are revealed.
Lovells has increased its newly-qualifieds' salaries from GBP50,000 to GBP53,000. The firm has also increased its performance-related bonus for all associates from a maximum of 20 per cent to 30 per cent from 2007.
Linklaters has increased newly qualified lawyers' salaries by 6 per cent to GBP55,100, as first revealed on www.thelawyer.com (29 April). The firm is increasing salaries for fee-earners in ...