Shearman & Sterling Boosts UK Associate Salaries

Law360, New York (May 23, 2011, 5:30 PM EDT) -- New York-based Shearman & Sterling LLP announced Friday that qualified associates in the U.K. would receive as much as a 15 percent salary bump in the firm's merit-based system.

The pay raises were implemented May 1, and will increase associates' basic salary levels across the three-tier merit-based system, Shearman said.

"The decision to increase our salary rates reflects our ongoing commitment to rewarding the very talented lawyers we have working here and recognizing their contribution to the firm's success," said Nick Buckworth, the firm's London managing...
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