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Solicitors - North West

Our unique position in the legal marketplace has allowed us to compile the following table:

SOLICITORS IN PRIVATE PRACTICE - NORTH WEST - WINTER/SPRING 2011
  small/med GP med/large GP small/med Commercial larger/national Commercial
PQE £000's £000's £000's
NQ 22-32 27-32 34-40
1 24-34 28-38 36-42
2 26-36 34-40 40-46
3 28-38 35-44 42-48
4 35-42 40-48 44-52
5 37-47 43-52 48-68
6 40-55 50-65 52-75
Sal. Ptr. 1st yr. 42-80 60-105 75+
Prof. Sup.Lawyer n/a 35-70 65+

Notes
In a 'Candidate Driven' marketplace, we would suggest that the following areas are still more likely to attract a premium: Commercial Property, Construction, Competition and Pensions.

A premium may also be awarded because of one or more of the following reasons:

  • Shortage of good candidates within a niche discipline
  • 'Magic Circle' City candidates
  • Relocation
  • Bringing a following
  • Outstanding billing performance
  • Strong track record of introducing new work to the firm

Bonus schemes and benefits packages come in many different shapes and sizes, and can ad d anything up to 25% to the figures given here. If you would like to find out whether your bonus scheme and/or benefits package is competitive, please call one of our consultants.

It has also come to our attention now that certain firms have moved away from set salary scales and are increasingly rewarding fee earners in accordance with their billing performances. Increasingly, this means that solicitors of one of more year's pqe can earn at least as well as their more experienced colleagues.

In our experience, we have known firms to deviate from the salary bandings, especially if it results in an appointment at a lesser salary than reflected by the bandings. It is not uncommon for prospective employees to be asked in interview, their present salary level; this then used as a yardstick on the back of which, enough of a financial incentive is offered to facilitate the move, but not in itself reflective of PQE and bandings as in our structure.

If you wish to have any further discussions about your salary and expectations to improve your salary, then please contact Dan Bowman in the Solicitors Division of Anakin Seal, Manchester.