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.
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.