A law firm that boasts of being the 'most-feared' in the world is boosting pay for newly qualified London lawyers to $225,500

• US law firm Quinn Emanuel has upped pay for junior lawyers to $225,500. 
• The 18% increase comes amid fears of a talent war between London's top legal firms. 
• Legal pay has been increasing, but keeping pace with the deep pockets of US-based rivals is challenging for UK firms.

Quinn Emanuel, one of the largest global litigation firms, just made a major play to attract young talent in London.

The firm is increasing base annual salaries for young lawyers to $225,500 (£180,000), according to a statement published on Friday.