Leading global law firm, Baker McKenzie, has today announced that it has increased its London NQ salary from £110,000 to £118,000, effective as of 1 July 2023.
All fee earners are also eligible to receive a discretionary bonus, which alongside their salary and employee benefits, contributes to their overall remuneration. The Firm's bonus scheme aligns with the performance element of its strategy and is designed to recognise and reward high performance and significant contributions to the Firm.
The Firm's trainee salaries will remain at their current rates: £50,000 for first year trainees and £55,000 for second year trainees.
Baker McKenzie's London Managing Partner, Ed Poulton, commented:
"Our people are fundamental to our success as a Firm, and we are determined not only to build an inclusive workplace for all, but also to reward in a consistent manner. We recognise that remuneration is one element of our package, as well as other important factors including our culture, offering a range of benefits and services, and agile working arrangements. I am delighted to be able to announce this uplift in salaries for our NQs, who, alongside our other talented individuals, we hope enjoy long and fulfilling careers with Baker McKenzie. "
All fee earners are also eligible to receive a discretionary bonus, which alongside their salary and employee benefits, contributes to their overall remuneration. The Firm's bonus scheme aligns with the performance element of its strategy and is designed to recognise and reward high performance and significant contributions to the Firm.
The Firm's trainee salaries will remain at their current rates: £50,000 for first year trainees and £55,000 for second year trainees.
Baker McKenzie's London Managing Partner, Ed Poulton, commented:
"Our people are fundamental to our success as a Firm, and we are determined not only to build an inclusive workplace for all, but also to reward in a consistent manner. We recognise that remuneration is one element of our package, as well as other important factors including our culture, offering a range of benefits and services, and agile working arrangements. I am delighted to be able to announce this uplift in salaries for our NQs, who, alongside our other talented individuals, we hope enjoy long and fulfilling careers with Baker McKenzie. "
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