12 months one rookies now on £57.5k
Akin Gump has upped trainee solicitor salaries within the London workplace by as a lot as 15%.
The transfer means 12 months one rookies will earn £57,500, up 15% from £50,000, whereas these a 12 months forward of their coaching will obtain £62,500, a 14% uplift from £55,000. The rises take impact from 1 January 2022.
The Authorized Cheek 2022 Firms Most List reveals second years are actually among the many highest paid trainees within the Metropolis, with solely a choose few US outfits together with Cleary Gottlieb and Davis Polk offering the identical five-figure sum.
Vance Chapman, companion and London coaching principal, stated:
“Our trainees are an important talent source who quickly become immersed within each team and are given early responsibility to manage independent work streams. Akin Gump is proud to recognise and reward their legal talent at the very top end of London salary scales.”
The agency’s newly certified solicitors in London earn a lately improved wage of $202,500 (or roughly £148k based mostly on present conversion charges).