Finally, a scuba car is within their grasp - ideal for a quiet commute up the Thames away from those scruffy NQs at British firms.
Cooley previously paid its newly-qualified solicitors £120,000, but will now be providing them with a £142,000 salary.
Ropes & Gray has gone further and increased its London NQ salary to £147,000, plus bonus, effective from 1 November 2021.
Both firms' NQs have now joined the same £140k+ bracket as peers at US firms including MoFo (approximately £147,000), Cleary (£140,000), Shearman & Sterling, Debevoise & Plimpton, Latham & Watkins, Milbank, Akin Gump, Simpson Thacher, and Kirkland & Ellis.
Of course they're all paupers compared to NQs at Vinson & Elkins, whose salaries were boosted in June from £147,500 to a remarkable £153,000.
Ropes has also hiked its trainee salaries to bring them in line with Cleary and Davis Polk. All three firms now pay their first year trainees in London £57,500 and their second years £62,500. Cooley is not rushing to match them, and is sticking to £50,000 and £55,000 instead. It is not known how its trainees will scrape by.
Elite UK firms are playing chicken in a smaller field nearby. Last month, Allen & Overy matched Linklaters' NQ base salary of £107,500, representing the second time this year the two firms have dished out raises to NQs. So far, Slaughter and May, Clifford Chance and Freshfields are all paying NQs a salary of £100k.
But it's not all about the money, is it? Or is it? If you're in a firm, take the survey below and let us know.