This is how much grad lawyers will earn in 2019 and it’s depressing
How much can you sell a personality for?
Everyone wants to earn a lawyer salary. After sacrificing their personality and social life, it's probably fair enough for law students to expect big bucks. Still, even after just one year, a training contract could net you upwards of £50,000.
Legal Cheek have ranked the UK's law firms by how much first year trainees earn, for the 2019 edition of their "The Firms Most List".
It reveals that a Davis Polk & Wardwell training contract is the most lucrative, netting you £55,000 after your first year.
Meanwhile, a Jones Day training contract will net you £50,000.
These make the £40,000 on offer from an Eversheds training contract seem paltry in comparison.
The rankings show the earnings for a first year trainee at each law firm.
Find out the highest paid training contracts for that sweet, sweet solicitor salary:
Davis Polk & Wardwell – £55,000
Debevoise & Plimpton – £50,000
Jones Day – £50,000
Kirkland & Ellis – £50,000
Milbank – £50,000
Sidley Austin – £50,000
Skadden – £50,000
Sullivan & Cromwell – £50,000
Akin Gump – £48,000
Cleary Gottlieb Steen & Hamilton – £48,000
White & Case – £48,000
Linklaters – £47,000
Hogan Lovells – £46,000
Latham & Watkins – £46,000
Ropes & Gray – £46,000
Weil Gotshal & Manges – £46,000
Allen & Overy – £45,000
Baker McKenzie – £45,000
Dechert – £45,000
DLA Piper – £45,000
Freshfields Bruckhaus Deringer – £45,000
Gibson Dunn – £45,000
Norton Rose Fulbright – £45,000
Shearman & Sterling – £45,000
Slaughter and May – £45,000
Travers Smith – £45,000
Clifford Chance – £44,800
Ashurst – £44,000
Herbert Smith Freehills – £44,000
Macfarlanes – £44,000
Mayer Brown – £44,000
Simmons & Simmons – £44,000
CMS – £43,000
Covington & Burling – £43,000
Reed Smith – £43,000
Stephenson Harwood – £43,000
Watson Farley & Williams – £43,000
Osborne Clarke – £42,500
Dentons – £42,000
Mishcon de Reya – £42,000
K&L Gates – £41,000
Pinsent Masons – £41,000
Gowling WLG – £40,500
Bryan Cave Leighton Paisner – £40,000
Charles Russell Speechlys – £40,000
Eversheds Sutherland – £40,000
Forsters – £40,000
Taylor Wessing – £40,000
Addleshaw Goddard – £39,500
PwC – £39,000
Wiggin – £39,000
Fieldfisher – £38,500
Bird & Bird – £38,000
Bristows – £38,000
Clyde & Co – £38,000
Even the lowest lawyer salary on this list is pretty crazy, and they're not even qualified yet
You can read the full list here, on Legal Cheek.
But be warned, some of them are pitiful. I mean, less than £35,000? Can you imagine?
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