Basic pay slide cancels out bonuses

English lawyers took home on average five per cent less in 2012 than they did the year before, as higher bonuses were outstripped by tumbling basic pay.
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Bonuses go up, but basic pay goes down

Legal recruitment agency Laurence Simons found that the average lawyer earned £139,040 in 2012, down from £146,500 the year before.

Tough year

The drop negated a two per cent rise in bonuses, which reached 34 per cent last year.
Laurence Simons managing director Lucinda Moule told London’s Evening Standard yesterday: ‘2012 was a tough year for legal firms and departments, meaning they couldn’t replicate the sharp rise seen in 2011.’

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