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Law firms mull pay freezes
In the wake of UK's decision to leave the EU, law firms are considering whether to cancel planned pay rises.
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The Lawyer reports that one London firm, which had intended to increase first- and second-year trainee salaries by £1,000 and NQ salaries by £3,000 this summer, confirmed that it was reconsidering its decision.
‘Reconsider their options’
The majority of firms finalise their salary decisions for the coming year in June and July; but ‘given the economic uncertainty sparked by Brexit those that have not already announced may reconsider their options.’
