Slaughter and May has raised trainee and associate salaries. Trainees get a £1,000 bump, with first-year pay rising from £43,000 to £44,000 and second-year pay going from £48,000 to £49,000. NQs go from £78,000 to £80,000, six-month PQEs from £82,500 to £84,000 and 1PQEs from £87,000 to £88,000. The rises will take effect from January 2018. In addition, associates achieving a good or exceptional level of performance will receive a bonus of between nine and 16 per cent.