Trainee and newly qualified solicitor salaries

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The Lawyer has compiled 2018 trainee solicitor salary and newly-qualified (NQ) solicitor salary data of the UK’s largest law firms in two easy-to-use tables.

The latest salary figures are a reflection of the influence of American firms on the UK market. When Bingham McCutchen became the first firm to offer NQs £100,000 in London back in 2010, it seemed a shockingly high amount. Now, the top of the market is approaching £150,000 and more than a dozen firms offer the magic £100k.

The magic circle and other large international firms are having trouble keeping paces. Most have far more trainees compared to their US rivals and simply cannot afford to pay every one of them such high salaries. With this in mind, they are having to think of other ways to attract and retain talent. It is probably no coincidence that flat-rate NQ salaries are beginning to disappear at the largest firms. Many now talk about ‘salary bands’ with high performers able to earn much more than base pay. This acts as an incentive to aim for top dollar but a cynic might note it also handily obscures the actual amount the ‘average’ NQ will earn.

Salaries are rising in the London mid-tier and in the regions too, though this is less about competing with the Americans as a healthy legal sector in general. After the pay cuts of a decade ago, followed by years of freezes, law firm salaries have been motoring for a few years now and this shows no sign of stopping… though of course the same was true in 2007. With Brexit round the corner, plus an increasing number of ominous whispers that another crash is about due, perhaps it’s worth making hay while the sun shines.

Trainee and newly qualified solicitor salaries

London

Firm First year trainee  Second year 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 Legal 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 Chance £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
K&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 Beach £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 & Gray £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 May £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
Teacher 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 regions

Firm  First year trainee  Second year trainee  Newly-qualified solicitor Location
Anderson Strathern £20,000 £23,000 £34,000 Scotland
ASB law £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 Legal £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 National
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 £37,078 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 Legal 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 National
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 National
DLA Piper £28,000 £31,000 £44,000 National
DMH Stallard £25,300 £26,400 £40,000 South East
DWF £26,000 N/D N/D National
Ellisons £20,000 N/D £35,000 East Anglia
Express 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 National
Keebles £20,000 £21,500 £33,000 North East
Kennedys £26,000 £29,000 £39,333 National
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 National
Pitmans £26,500 £28,000 £40,000 Reading
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 National
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 National
Taylor & Emmet £18,500 £19,750 £33,000 North East
Tees Law £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 National
TWM £25,000 £26,500 £36,900 South East
Vardags £24,000 £26,000 £40,000 National
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 National
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

Last update: summer 2018

The post Trainee and newly qualified solicitor salaries appeared first on The Lawyer | Legal insight, benchmarking data and jobs.



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