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NEWS

German Firm Increases Salaries Above Magic Circle and US Rival Rates

The local heavyweight has entered the latest pay war, boosting its German newly-qualified lawyer salaries by 25%.

11月 25, 2021 at 09:54 午前

2 minute read

Lawyer Compensation - General

Hannah Walker

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German firm Gleiss Lutz is the latest major law firm to up its junior associate salaries in the region, boosting pay for its newly-qualified associates to up €150,000 and putting its rate ahead of Magic Circle and international rivals.

From January 2022, NQs at Gleiss Lutz will take home between €140,000 and €150,000, a 25% increase on their current salary of between €110,000 to €120,000.

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