Gibson Dunn tops London NQ lawyer pay table with 12% boost to £161,700

Additionally rises for juniors at Simpson Thacher and Covington & Burling

US legislation corporations Gibson Dunn, Simpson Thacher & Bartlett and Covington & Burling have handed recent pay rises to their junior attorneys in London.

Gibson Dunn has moved charges for newly certified (NQ) attorneys within the Metropolis from £145,000 to £161,700, in accordance to an inner memo seen by Authorized Cheek. That’s an additional 12%.

The Authorized Cheek Companies Most Listing exhibits Gibson Dunn’s NQs are actually the very best paid within the Metropolis, surpassing their counterparts at Goodwin Procter who beforehand topped the table with a wage of of £161,500.

Gibson Dunn recruits round seven trainees into its London workplace every year.

These additional up the ladder have additionally been handed rises, with base charges for associates with one and two years put up qualification expertise (PQE) now sitting at £169,200 and £188,000. These at three PQE will obtain £221,800. The uplifts are retroactive to 1 January 2022, in accordance to the memo.

Elsewhere, NQ attorneys at fellow US outfit Simpson Thacher will now earn a hefty £158,000. Salaries at one and two PQE have moved to £166,000 and £183,000 respectively, whereas these at three PQE will obtain practically 1 / 4 of 1,000,000 kilos (£245,000). The rises are backdated to 1 January 2022.

Lastly, Covington & Burling has upped the salaries of its London NQs from £129,000 to £151,000, an increase of 17%. Wage bands at one and two PQE now sit at £158,000 and £171,000. Once more, these apply retroactively from 1 January 2022.

Our Companies Most Listing exhibits Covington presents 9 UK coaching contracts every year with a beginning wage of £48,000.

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