Sidley Austin hikes associate pay to secure Kirkland movers amid plans to launch in Munich
Sidley Austin is upping its game in the City by announcing it will increase the salary of all its London associates to at least £100,000.
The firm is also making plans to launch a new office in Germany to service some of the new clients it will be taking on.
The pay hike comes as part of the firm’s play to secure a team of associates arriving from Kirkland & Ellis, along with a six-partner team that was recruited in February.
Under the changes, newly qualified associates will receive £10,000 more to £100,000 from 1 May this year.