Boosts for trainees too
Herbert Smith Freehills (HSF) has increased salaries for its newly qualified (NQ) associates from £120,000 to £135,000, joining the growing list of City firms making similar moves.
The firm also confirmed a £6,000 increase in rookie salaries, with first year trainees earning £56,000 and second year trainees earning £61,000. The increases are effective from 1 September.
The Legal Cheek Firms Most List shows HSF recruits around 65 trainees each year. The salary increase means the firm now matches Hogan Lovells, which raised its NQ rates to £135k last month.
Commenting on the firm’s salaries, Alison Brown, executive partner at HSF, said:
“We are investing in our people — including our trainees and associates across all levels of experience — in a way that ensures a balanced and competitive reward structure in a dynamic market. This approach keeps us in the leading pack of international law firms and supports sustainable growth: good for our people, our clients and our business.”