Comments on: Bakers boosts junior lawyer pay by 19% to £140k https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/ Legal news, insider insight and careers advice Tue, 16 Jul 2024 19:05:59 +0000 hourly 1 https://wordpress.org/?v=6.6 By: Anonymous https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195720 Tue, 16 Jul 2024 19:05:59 +0000 https://www.legalcheek.com/?p=207032#comment-1195720 In reply to Good whack.

Me neither, I’m impressed

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By: Dentons SA https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195707 Tue, 16 Jul 2024 15:00:43 +0000 https://www.legalcheek.com/?p=207032#comment-1195707 In reply to Who’s next.

Dentons dont announce until August. This is after they announce staff salary increases in July and salaries dont raise with the announcement. You then realise how much you were shafted in August.

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By: realist https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195680 Tue, 16 Jul 2024 10:10:50 +0000 https://www.legalcheek.com/?p=207032#comment-1195680 In reply to James.

I’m not asking you to cite the sort of stats you’d put on an application. Half the firms pay for those awards anyway.

FBD has never been anyone’s go to for competition, though they certainly are go to for plenty of other things.

Whenever things go wrong in competition, it’s Slaughters people turn to.

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By: James https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195677 Tue, 16 Jul 2024 09:51:51 +0000 https://www.legalcheek.com/?p=207032#comment-1195677 In reply to realist.

Don’t think you can claim that SM is above the rest of the MC for competition work – FBD is the clear market leader (e.g. ranked the top firm by Global Competition Review 15 times, Who’s Who Legal’s ‘Global Competition Law Firm of the Year’ 19 consecutive times).

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By: realist https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195673 Tue, 16 Jul 2024 09:26:48 +0000 https://www.legalcheek.com/?p=207032#comment-1195673 In reply to S&M Associate.

If you were really a SM associate you’d have no problem leaving. Other firms snap them up.

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By: realist https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195672 Tue, 16 Jul 2024 09:25:49 +0000 https://www.legalcheek.com/?p=207032#comment-1195672 In reply to Bob.

SM has always been the outlier, that wasn’t a problem before. Their revenue is still ridiculous, and their work easily on par (or in certain areas, such as competition above) the rest of the magic circle. They do need to stop underpaying, however.

There’s a reason half of Oxbridge ends up at Slaughters and not Links. If anyone’s going to fall out the MC, it’ll be Links or A&O.

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By: S&M Associate https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195668 Tue, 16 Jul 2024 08:37:30 +0000 https://www.legalcheek.com/?p=207032#comment-1195668 I’m so desperate to leave… please anyone take me!!!

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By: Anon https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195663 Tue, 16 Jul 2024 08:10:36 +0000 https://www.legalcheek.com/?p=207032#comment-1195663 In reply to Who’s next.

Pinsents already announced a few weeks ago

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By: been caught up https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195640 Tue, 16 Jul 2024 00:44:19 +0000 https://www.legalcheek.com/?p=207032#comment-1195640 Nearly a year to the day since they rose to £118k. What’s happening with the stagnant American firms who have been at 150k for a couple of years?

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By: Who’s next https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195631 Mon, 15 Jul 2024 22:30:48 +0000 https://www.legalcheek.com/?p=207032#comment-1195631 Is AG rising? Or Pinsets or Dentons?

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By: lol https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195620 Mon, 15 Jul 2024 21:18:20 +0000 https://www.legalcheek.com/?p=207032#comment-1195620 Slaughters still holding to their prestige I guess

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By: Another SM associate https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195619 Mon, 15 Jul 2024 21:14:09 +0000 https://www.legalcheek.com/?p=207032#comment-1195619 Other than the lack of a raise, what’s upsetting is that SM boasted that reviewing salaries twice a year would allow them to better reflect market movements… and it turns out it just allows them to wait 6 months AFTER the market moves before taking action!

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By: Good whack https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195606 Mon, 15 Jul 2024 18:52:26 +0000 https://www.legalcheek.com/?p=207032#comment-1195606 B&M didn’t know you had it ya; good whack

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By: Ffafa https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195605 Mon, 15 Jul 2024 18:51:48 +0000 https://www.legalcheek.com/?p=207032#comment-1195605 ]]> Who’s gonna rise next that’s non MC/SC/US? Can any insiders confirm? 👀

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By: Yess https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195604 Mon, 15 Jul 2024 18:50:10 +0000 https://www.legalcheek.com/?p=207032#comment-1195604 Yesss man like bakers!!

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By: Just ice ice baby https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195603 Mon, 15 Jul 2024 18:48:52 +0000 https://www.legalcheek.com/?p=207032#comment-1195603 In reply to Anonymous.

You think they make £5k more, and not £5k less?

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By: Bob https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195597 Mon, 15 Jul 2024 17:46:48 +0000 https://www.legalcheek.com/?p=207032#comment-1195597 In reply to Leon.

It isn’t, it just doesn’t include S&M anymore. A&O, CC, LL, FBD have clearly similar business models distinct from firms below them, and pay more than the firms below them as well.

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By: Anon https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195591 Mon, 15 Jul 2024 17:05:56 +0000 https://www.legalcheek.com/?p=207032#comment-1195591 In reply to The Sweatshop Boys.

100/100 last cohort

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By: Anonymous https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195582 Mon, 15 Jul 2024 16:32:55 +0000 https://www.legalcheek.com/?p=207032#comment-1195582 Will be funny once we find out the ridiculous salary bunching. When a senior associate only makes 5k more annually than an NQ.

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By: Haha https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195576 Mon, 15 Jul 2024 15:54:44 +0000 https://www.legalcheek.com/?p=207032#comment-1195576 In reply to Chris.

You sir get the wishful thinking award.

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By: Anonymous https://www.legalcheek.com/2024/07/bakers-boosts-junior-lawyer-pay-by-19-to-140k/#comment-1195575 Mon, 15 Jul 2024 15:54:18 +0000 https://www.legalcheek.com/?p=207032#comment-1195575 In reply to Chris.

Yeah and pigs might start flying

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