Aspiring solicitors should be paid at least £24,320 outside of London and £27,418 in the capital for qualifying working experience or during their training contract, according to the Law Society. The recommended rise for 2024/25 is 5.18% compared to the 9.98% uplift put forward last year. Society president Nick Emmerson said the increase in recommended…

Figures show that 74 of the highest-earning law firms in the world are American, with more than 60 having a London office. Recent research reveals that three of the five highest-earning legal practices for UK corporate work were American. Kirkland & Ellis and Latham & Watkins are the two biggest-earning law firms for UK corporate…

Judges should receive an above-inflation 6% pay increase to address the recruitment crisis in the judicial system, according to the Senior Salaries Review Body (SSRB). The SSRB reported significant problems in filling judicial vacancies, with a decline in the quality of applicants. While pay is not the only factor affecting recruitment, the SSRB believes that…

Dentons has reported a single-digit increase in revenue across the UK, Ireland, and Middle East, generating £280.5m for the fiscal year ending April 30, 2024. The world’s largest law firm saw revenue grow by nearly 6% from the previous year. Chief executive, Paul Jarvis, expressed satisfaction with the record revenues and attributed the growth to…

There are 238 more barristers this year than last, according to the Bar Standards Board’s annual report. Despite predictions of the profession’s demise, the legal field is experiencing growth. The Courts and Legal Services Act 1990 and the Legal Services Act 2007 have played a role in this growth by breaking the Bar’s monopoly on…

Gowling WLG has increased the salaries of new associates in its London and regional offices. The firm raised NQ rates in the City by 3% to £98,000, bringing it in line with Bird & Bird and just £2k behind Squire Patton Boggs. Salaries in the Birmingham and Leeds offices were also increased by 1.6% to…