Manchester headquartered BCL Legal – the legal recruitment consultancy which operates from its network of offices in Manchester, Liverpool, Leeds, Birmingham, Bristol and Reading – has this week (w/c 4th March, 2013) launched its latest survey which looked at the salaries of lawyers working at commercial law firms across the regions. One of the key findings was that lawyers from NQ level to junior partner level in the North West were generally paid higher than their colleagues in the Midlands, Yorkshire and North East.
Mode salaries* for NQs in the North West were £36,000 and rose to £85,000 and in Yorkshire they stood at £35,500 and £80,000 respectively. Whilst over in the Midlands, they were £35,000 and £80,000 and in the North East £30,000 and £65,000. The legal disciplines surveyed include; Corporate, Commercial, Banking, Commercial Property, Employment, Insolvency, Intellectual Property and Commercial Litigation.
James Batt, managing director of BCL Legal and head of its private practice department, said; “We all know that salaries have been at the top of the news agenda for some time so it’s interesting to see where things are now for this sector of the legal profession. Commercial firms of all sizes have had to adapt over recent years but the findings show remuneration is still pretty strong for talented lawyers who add value. The next 12 months will be another key phase as the economy either stagnates or starts to grow.”
*Notes to editor: The definition of ‘Mode salaries’ in this survey: The salary that appears most frequently amongst those surveyed at each level; from NQ to Junior Partner.