Legal Services

HSF’s chair backs pay rise despite recession fears: ‘You can’t just batten down the hatches’

Law firm boss says high salaries make sense even if recession hits as £120k offer puts pressure on others to follow

Rebecca Maslen-Stannage, HSA’s chair, said increasing pay was the right move even if the global economy falters
Rebecca Maslen-Stannage, HSA’s chair, said increasing pay was the right move even if the global economy falters

Herbert Smith Freehills’ chair says her firm’s decision to raise pay for newly qualified lawyers to £120,000 is prudent, despite fears of a recession.

“We are determined to continue to be ambitious as a firm,” Rebecca Maslen-Stannage told Financial News.

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