Home Uncategorised Trainee and newly qualified solicitor salaries for UK law firms

Trainee and newly qualified solicitor salaries for UK law firms

62
0

The Lawyer has compiled 2018 trainee solicitor wage and newly-qualified (NQ) solicitor wage knowledge of the UK’s largest regulation corporations in two easy-to-use tables.

The most recent wage figures are a mirrored image of the affect of American corporations on the UK market. When Bingham McCutchen turned the primary agency to supply NQs £100,000 in London again in 2010, it appeared an incredibly excessive quantity. Now, the highest of the market is approaching £150,000 and greater than a dozen corporations supply the magic £100ok.

The magic circle and different giant worldwide corporations are having hassle protecting paces. Most have way more trainees in comparison with their US rivals and easily can’t afford to pay each one in all them such excessive salaries. With this in thoughts, they’re having to think about different methods to draw and retain expertise. It’s in all probability no coincidence that flat-rate NQ salaries are starting to vanish on the largest corporations. Many now discuss ‘wage bands’ with excessive performers in a position to earn rather more than base pay. This acts as an incentive to purpose for high greenback however a cynic may word it additionally handily obscures the precise quantity the ‘common’ NQ will earn.

Salaries are rising within the London mid-tier and within the areas too, although that is much less about competing with the Individuals as a wholesome authorized sector usually. After the pay cuts of a decade in the past, adopted by years of freezes, regulation agency salaries have been motoring for a number of years now and this reveals no signal of stopping… although in fact the identical was true in 2007. With Brexit not far away, plus an growing variety of ominous whispers that one other crash is about due, maybe it’s price making hay whereas the solar shines.

Trainee and newly certified solicitor salaries

London

Agency First yr trainee  Second yr trainee  Newly-qualified solicitor 
Akin Gump £48,000 £52,000 £143,000
Allen & Overy £44,000 £49,000 £81,000
Ashfords £31,000 £32,000 £56,000
Ashurst £44,000 £48,000 £76,000
Baker McKenzie £45,000 £49,000 £75,000
Bates Wells Braithwaite £36,000 £38,000 £60,000
Blake Morgan £30,000 £33,000 £47,000
BLM £31,000 £32,000 £44,000
Bond Dickinson £34,000 £36,000 £60,000
Boodle Hatfield £38,000 £40,000 £60,000
Bristows £38,000 £41,000 £63,000
Capsticks £31,000 £32,000 £50,000
Cavendish Authorized Group £22,000 £23,000 £35,000
Charles Russell Speechlys £40,000 £42,000 £65,000
Clarke Willmott £26,000 £27,000 £52,000
Cleary Gottlieb £48,000 £52,000 £120,000
Clifford Likelihood £44,800 £50,500 £87,300
CMS Cameron McKenna Nabarro Olswang £43,000 £48,000 £70,000
Collyer Bristow £33,000 £35,000 £56,000
Covington & Burling £43,000 £47,000 £100,000
DAC Beachcroft £35,000 £37,000 N/D
Davis Polk £55,000 £60,000 £120,000
Dechert £45,000 £50,000 £110,000
Dentons £42,000 £46,000 £75,000
DLA Piper £45,000 £50,000 £77,000
DMH Stallard £30,200 £32,500 £52,000
DWF £38,000 N/D N/D
Edwin Coe £35,000 £38,000 £56,000
Farrer & Co £38,000 £41,000 £64,000
Fieldfisher N/D N/D £66,000
Forsters £40,000 £42,000 £62,000
Fox Williams £36,000 £38,000 £62,000
Gibson Dunn £45,000 £50,000 £112,500
Gordon Dadds £33,000 £35,000 £52,500
Gowling WLG £31,000 £44,000 £66,000
Hamlins £26,000 £28,000 £45,000
Harbottle & Lewis £35,000 £37,000 £57,000
Herbert Smith Freehills £44,000 £48,000 N/D
HFW £38,000 £40,000 £66,000
Hill Dickinson £32,000 £34,000 £58,000
Hodge Jones & Allen £25,500 £27,500 £35,000
Hogan Lovells £45,000 £50,000 £78,000
Howard Kennedy £36,500 £38,500 £58,500
Hunters £36,000 £37,000 £50,000
Ince & Co £37,750 £41,800 £63,250
Irwin Mitchell £36,000 £38,000 £50,000 – £60,000
Jones Day £50,000 £57,000 £105,000
Okay&L Gates £41,000 £46,000 £71,000
Kennedys £36,000 £38,000 £57,500
Kingsley Napley £34,000 £36,000 £58,000
Kirkland & Ellis £50,000 £55,000 £143,000
Latham & Watkins £46,000 £48,000 £143,000
Lee & Thompson £30,000 £31,500 £51,000
Lester Aldridge £23,000 £24,000 £40,000
Lewis Silkin £37,250 £41,500 £60,000
Memery Crystal £37,000 £39,000 £62,000
Michelmores £36,500 £39,000 £63,000
Milbank Tweed £50,000 £55,000 £143,000
Osborne Clarke £42,000 £44,000 £68,000
Payne Hicks Seaside £36,000 £38,000 £60,000
Pemberton Greenish £32,750 £33,750 N/D
Pinsent Masons £41,000 £44,000 £70,000
Pitmans £26,500 £28,000 £40,000
Reed Smith £43,000 £47,000 £75,000
Ropes & Grey £46,000 £50,000 £115,000
Royds Withy King £32,000 £34,000 £42,000
RPC £38,000 £41,000 £64,800
Russell-Cooke £36,500 £38,500 N/D
Shakespeare Martineau £29,000 £34,000 N/D
Shearman & Sterling £45,000 £50,000 £105,000
Sidley Austin £47,000 £51,500 £120,000
Simmons & Simmons £42,000 £47,000 £71,000
Slaughter and Might £44,000 £49,000 £80,000
Squire Patton Boggs £37,000 £42,000 £68,000
Stephenson Harwood £41,000 £45,000 £73,000
Stephensons £21,561 £21,884 £30,000
Stewarts £41,500 £41,500 £52,000
Stone King £30,000 £31,000 £48,000
Taylor Wessing £40,000 £44,000 £71,000
Instructor Stern £25,000 N/D N/D
Thomson Snell & Passmore £24,600 £26,650 £38,650
Thrings £28,000 £29,000 £43,000
TLT £37,000 £39,500 £62,000
Travers Smith £43,500 £49,000 £75,000
Trowers & Hamlins £37,000 £40,000 £66,000
TWM £25,000 £26,500 £36,900
Vardags £26,000 £30,000 £55,000
Veale Wasbrough Vizards £31,000 £32,000 £50,000
Watson Farley & Williams £43,000 £46,000 £70,000
Weightmans £28,000 £30,000 £50,000
Weil Gotshal £46,000 £50,000 £115,000
White & Case £46,000 £50,000 £105,000
Wiggin N/A N/A £55,000
Withers £37,000 £40,000 £62,000

The areas

Agency  First yr trainee  Second yr trainee  Newly-qualified solicitor Location
Anderson Strathern £20,000 £23,000 £34,000 Scotland
ASB regulation £24,500 £26,000 £35,500 South East
Ashfords £25,000 £26,000 £40,000 South West
Ashfords £26,000 £27,000 £46,000 Bristol
Ashtons Authorized £20,000 £21,000 £32,000 East Anglia
Blake Morgan £25,000 £27,000 £37,000 South & Wales
BLM £22,000 £23,000 £31,000 Nationwide
Bond Dickinson £22,000 £24,000 £38,000 Scotland
Bond Dickinson £28,000 £30,000 £42,000 Bristol
Bond Dickinson £28,000 £30,000 £37,500-£41,000 South
Bond Dickinson £25,000 £27,000 £40,000 Leeds
Bond Dickinson £25,000 £27,000 £37,500 Newcastle
Brabners £24,000 £25,000 £39,000 North West
Brachers £21,426 £23,651 £37,zero78 South East
Brodies £20,000 £23,000 £37,000 Scotland
Burness Paull £21,500 £23,500 £37,500 Scotland
Capsticks £25,000 £26,000 £38,000 Leeds & Birmingham
Cavendish Authorized Group £21,000 £22,000 £33,000 South East
Chadwick Lawrence £18,183 £18,546 £28,000 North East
Charles Russell Speechlys £33,000 £34,000 £54,000 South East
Charles Russell Speechlys £29,500 £30,500 £50,000 South West
Clarke Willmott £24,000 £25,000 £38,000 Nationwide
Coffin Mew £23,000 £25,000 £37,250 South
Cripps £25,000 £27,500 £39,500 South East
DAC Beachcroft £26,000 £29,000 N/D Nationwide
DLA Piper £28,000 £31,000 £44,000 Nationwide
DMH Stallard £25,300 £26,400 £40,000 South East
DWF £26,000 N/D N/D Nationwide
Ellisons £20,000 N/D £35,000 East Anglia
Specific Solicitors £19,500 £20,500 £26,000 North West
FBC Manby Bowdler £21,500 £24,000 £30,000 Midlands
Foot Anstey £28,000 £30,000 £45,000 Bristol
Foot Anstey £28,000 £30,000 £42,000 South West
Geldards £22,000 £24,000 £36,500 Midlands
Gordon Dadds £19,500 £21,000 £29,000 Cardiff
Gordons £24,000 £26,000 £37,000 Leeds
Gowling WLG £28,000 £41,000 £42,500 Birmingham
Higgs & Sons £23,500 £25,000 £36,000 Midlands
Hill Dickinson £24,000 £26,000 £40,000 North West
Howes Percival £24,000 £25,500 £40,000 South East
IBB Solicitors £27,000 £28,000 £33,000 South East
Irwin Mitchell £25,000 £27,000 £34,000 – £39,000 Nationwide
Keebles £20,000 £21,500 £33,000 North East
Kennedys £26,000 £29,000 £39,333 Nationwide
Kuits £20,000 £21,000 £37,500 Manchester
Langleys £19,500 £20,000 £35,000 North East
Ledingham Chalmers £18,500 £21,500 £32,000 Scotland
Lester Aldridge £22,500 £23,500 £37,000 South
Lewis Silkin £27,938 £31,125 £45,000 South & Wales
Lindsays £19,000 £21,000 N/D Scotland
Mayo Wynne Baxter £24,000 £24,000 £33,000 South East
Michelmores £27,500 £29,000 £41,500 South West
Morrisons Solicitors £25,000 £25,000 £40,000 South East
Morton Fraser £21,500 £23,500 £35,000 Scotland
Napthens £17,650 £18,650 £27,500 North West
Osborne Clarke £39,375 £41,000 £51,000 South
Pinsent Masons £27,000 £30,000 £43,000 Nationwide
Pitmans £26,500 £28,000 £40,000 Studying
Porter Dodson £24,000 £24,000 £36,000 South West
Royds Withy King £27,500 £28,500 £37,500 South East
Royds Withy King £26,500 £27,500 £37,000 South West
Roythornes £23,500 £24,500 £35,000 Midlands
RPC £35,000 £36,000 £46,350 Bristol
Shakespeare Martineau £25,000 £26,500 N/D Nationwide
Shulmans £24,800 £27,300 £40,000 Leeds
Simmons & Simmons £37,000 £38,000 £50,000 Bristol
Stephens Scown £24,500 £26,000 N/D South West
Stephensons £20,991 £21,305 £25,000 North West
Stevens & Bolton £33,000 £34,000 £48,000 South East
Stewarts £36,500 £36,500 £44,000 Leeds
Stone King £23,000 £24,000 £34,000 Nationwide
Taylor & Emmet £18,500 £19,750 £33,000 North East
Tees Regulation £22,500 £25,000 £37,500 South East
Thomson Snell & Passmore £24,600 £26,650 £38,650 South East
Thrings £26,000 £27,000 £38,000 South West
TLT £29,000 £31,000 £42,250 Bristol
Trethowans £21,000 £22,000 £35,000 South
Trowers & Hamlins £28,000 £30,000 £42,500 Nationwide
TWM £25,000 £26,500 £36,900 South East
Vardags £24,000 £26,000 £40,000 Nationwide
Veale Wasbrough Vizards £23,000 £25,000 £40,000 Bristol
Walker Morris £27,000 £29,000 £41,500 Leeds
Ward Hadaway £24,000 £26,000 £37,000 North East
Weightmans £23,000 £25,000 £36,000 Nationwide
Wiggin N/A N/A £55,000 South West
Wilkin Chapman £21,750 £23,250 £32,000 North East
Wright Hassall £23,500 £25,000 N/D Midlands
Wrigleys Solicitors £22,000 £23,500 £36,000 North East

Final replace: summer time 2018

LEAVE A REPLY

Please enter your comment!
Please enter your name here