Macfarlanes LLP and DLA Piper UK LLP have become the latest law firms to increase pay for newly qualified (NQ) solicitors, as competition for junior legal talent across the City and wider UK market shows little sign of slowing.
Herbert Smith Freehills LLP and New York-based firm Kramer Levin have officially completed their transatlantic merger, forming a new global legal powerhouse with more than 2,700 lawyers across 26 offices worldwide.