Macfarlanes LLP, HFW and Bird & Bird become the latest City law firms to increase the salaries of their newly qualified (NQ) solicitors as the so-called ‘NQ pay war’ continues.
Global law firm Dentons is allegedly set to become the latest City firm to relocate from the heart of the City’s legal district. Plans will see the firm move from its current location in Fleet Street to Liverpool Street.
A&O Shearman has confirmed that 32 of its 42 spring 2026 qualifying trainees will remain at the firm, posting a retention rate of 76%.
Baker McKenzie has posted a spring retention score of 17 out of 20, keeping the majority of its newly qualifying (NQ) trainees in London. The result equates to either 85% or 80%, depending on whether the one fixed-term contract among the retained cohort is included in the calculation.