Mishcon de Reya has increased its 2025 NQ salary to £100,000, effective from September.
In addition, the firm announced that it has increased its trainee salaries. First-year trainees will receive a salary of £50,000 and second-year trainees a salary of £55,000, effective from July.
Vanessa Dewhurst, Partner and Chief People Officer at Mishcon de Reya, said:
“Each year we review NQ and trainee salaries to ensure competitive rates for our newly qualified (NQ) and trainee lawyers. As part of this review, we have conducted a benchmarking exercise to ensure that our salaries remain attractive, fair and sustainable. "
“Our people are our greatest asset and we have considered extensively how to ensure we best reward all of our people. We do this through a mix of pay, bonuses and a generous range of benefits as well as the opportunity to work with some of the most interesting clients on some of the most complex legal matters. This ensures that Mishcon de Reya is an attractive destination for the brightest talent and rewards our people for the exceptional contribution they make to our firm.”