In a notable trend within the U.K. legal market, Herbert Smith Freehills Kramer and HFW have increased the salaries of their newly-qualified lawyers in London. This development follows a series of similar pay adjustments by several mid-market U.K.-based firms, marking a period of upward salary revisions for junior lawyers in the sector.
These adjustments reflect the competitive landscape in legal services, where firms are vying to attract and retain top talent by offering more attractive compensation packages. To explore this issue further, and for a more in-depth analysis of this trend, please visit the full article on Law.com.