US firm NQ salaries soar

US firm White & Case has raised London NQ starting salaries to £140,000, an 8 per cent increase on last year’s £130,000. The announcement was the latest in a string of NQ pay hikes across London-based US firms. Ropes & Gray recently announced a 13 per cent increase for its NQs, offering a starting salary of £147,000 plus bonus, while Morrison & Foerster announced its NQ salary would be $202,500, which is matched by Akin Gump Strauss Hauer & Feld.