Top Nq Salaries London The highest newly qualified NQ salary an impressive 180 000 is jointly held by Gibson Dunn and Paul Weiss This represents a significant increase from last year when only five firms offered
The table below shows the public salary information for all firms taking part in our research We collect salary data for first year trainees second year trainees and newly qualified lawyers NQ salary Addleshaw Goddard 39 000 London 33 000 Guildford and Reading 31 000 Manchester Birmingham Leeds and Nottingham The Lawyer has compiled trainee solicitor salaries and newly qualified NQ solicitor salaries from the UK s largest law firms Last full update 22 October 2024 Last minor update 1 November 2024 The latest salary figures are a reflection of the influence of American firms on the UK market
Top Nq Salaries London
Top Nq Salaries London
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The State Of Play Retention Rates NQ Salaries NQSolicitors
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2024 saw several changes to NQ salaries an average increase of 7 5 in comparison to 2023 with some firms increasing their NQ salaries as high as 20 The top 5 firms currently with the highest NQ salaries are listed below Salary of New Qualified The LegalCheek survey from late 2023 showed the average NQ salary at 154 161 Among the top paying US based law firms in London many of which appear on our prestige law firm list are Akin Gump Sitting atop the NQ pay heap is Akin Gump paying a remarkable 179 000 at NQ level
An up to date and current list of salaries paid by the UK s top law firms including Magic Circle firms Silver Circle firms and US firms in London London based firms offer the highest salaries London is home to all of the top firms and is where the most sought after legal jobs are found NQ Addleshaw Goddard 52 000 56 000 Law International has released a chart detailing the latest pay rates for newly qualified NQ solicitors across London s largest law firms This comprehensive salary comparison provides valuable insights into how 50 of the biggest firms stack up against each other in terms of compensation for NQs For a detailed breakdown of these pay rates and
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The US based London firms like Akin Gump have previously boosted their rates with exchange rate benefits giving some major pay hikes to their NQ salaries The US firms continue to match salaries based on the famed Cravath scale rate Meanwhile Slaughter and May remain the only Magic Circle member with a lower NQ salary at 115 000 Legal Cheek has compiled an official rundown of NQ salaries at the top law firms in the UK Unsurprisingly US firms in London top the tables and the latest figures show salaries have risen by an average of 7 5 over the last year There is real disparity in the rises however with some firms making hikes of up to 20 and others awarding
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