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.
London-based law firm Macfarlanes LLP is the latest firm to announce its trainee retention figures, with 24 out of 28 final-seat trainees set to stay on after qualifying next month. This represents an 86% retention rate for 2025 – a 5% increase from the 81% recorded in 2024.