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Pay rockets at London law firms as US counterparts pay $215,000 for ‘no experience’
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A pay boom for junior lawyers at London law firms shows no signs of stopping, with annual salaries for first-years shooting past £160,000.
Record levels of M&A and financing work, alongside disillusioned juniors leaving the industry and a limited supply of new recruits, has sent salaries soaring, and partners and recruiters say wages haven’t peaked yet.
“The...
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