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London firm to up salaries for lower-paid
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04 Aug 2022 / global news Print

London firm to up salaries for lower-paid

London-based law firm Norton Rose Fulbright has unveiled plans to increase salaries by as much as 10% for lower-paid workers in response to the cost-of-living crisis, according to the Law Society Gazette of England and Wales.

The firm said that it wanted to provide “sustained, longer-term support” to its staff.

The Gazette says that the move is in contrast to other firms that have made once-off payments.

Salaries will increase by 5-10% for all full-time employees who are currently paid less than Stg £48,000 a year, effective from next month.

Bonuses

This follows a once-off 3% bonus awarded in January to those below partner level.

At the start of the year, Norton Rose Fulbright also increased its existing discretionary bonus pool by a third to further reward high-performing employees.

As of next month, the firm has also announced it will increase its UK newly-qualified salary to Stg £105,000.

The Gazette says that this increase is in addition to the firm’s usual annual salary review process and half-year bonus scheme.

Gazette Desk
Gazette.ie is the daily legal news site of the Law Society of Ireland