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Ropes & Gray boosts newly qualified solicitor salaries to £120,000

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An uplift of 4%

Ropes & Gray has become the latest law firm to bump junior lawyer pay, confirming today that salaries for its newly qualified (NQ) associates in London now sit at £120,000 — a rise of 4%.

Previously on £115,000, the Boston-headquartered outfit confirmed associates may also receive a bonus on top of this hefty six-figure sum. As things stand, trainee pay sits at £46,000 in year one, rising to £50,000 in year two.

Meanwhile, Ropes & Gray confirmed that it will retain two out of three (67%) of its London trainees, who are due to qualify next month. They will join the firm’s private equity transactions and asset management practices. The firm, which takes on around seven trainees each year, retained 100% of its London rookies (six out of six) last autumn.

The 2019 Legal Cheek Firms Most List

Rohan Massey, London training principal partner, said: “We’re proud of our trainee programme, as we are of our highly talented trainees… [They] join a firm that is committed to supporting the development of its lawyers throughout their careers and has a strong track record of promoting its best lawyers to partner.”

Turning to the firm’s performance in our Trainee and Junior Lawyer Survey 2018-19, it notched up A*s for quality of work, partner approachability, perks and office, as well as As for training, peer support, tech and social life.

As we reported last year, the 11-office outfit launched a hybrid trainee recruitment process in a bid to attract top graduate talent irrespective of their background. This sees the firm use elements of two distinct hiring tools, contextual recruitment and CV blind, to create a new ‘best of both’ approach.

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58 Comments

Anonymous

Phat.

(5)(0)

Anonymous

Wedge.

(1)(0)

Anonymous

Wot about Dichart?

(0)(0)

Anonymous

Just upped pay to £130k. Whos laughing now MATE?

(0)(0)

Anonymous

Up to 116

(0)(0)

fakenews

Source?

Anonymous

When did CRS last increase trainee and NQ salaries?

(1)(1)

Anonymous

Who?

(2)(1)

PEANUTZ

In 2018 I believe, now around £65k

(0)(0)

Anonymous

Peanutz – or 2-3x the average national salary.

(2)(3)

Anonymous

Ridiculous money

(4)(0)

Anonymous

Great news! Will ping off a quick application today. Just in case I am rejected, does anyone have current NQ data on Cummings & Lockwood LLC?

(0)(0)

Anonymous

Better off with Greenberg Glusker, mate. Top top titanic firm. Phat stacks everywhere.

(10)(0)

Anonymous

ok lol will apply there then as well

(0)(0)

Anonymyriad

Maybe not particularly relevant to this specific article given the small number of comments, but why do people seem to criticise this firm so heavily on Ropes & Gray?

Are there any legitimate reasons for this? As an outsider, all I see is a strong partner promotion round for this year and very high NQ salaries. The firm is also reputable in a handful of very important pratices such as PE.

Would appreciate if anyone could shed some constructive opinions about the firm in general.

(2)(4)

Anonymous

I know people that have worked there before. Litany of problems – no strategy, firing people at a moment’s notice when quiet, no training, political feuds, trainees not being taught anything. Etc. Never heard a good word about the London office. They grew far too quickly and never really knew what they were trying to achieve.

(16)(2)

Anonymous

Is PE interesting at all?

(1)(0)

Ropes Nq

More powdah for me, wot a phattt wadd

(4)(1)

Anonymous

Their always on the ropes and their future is looking pretty grey, to be honest.

(9)(0)

Anonymous

I make the gold standard £143k reserved for only nqs at the top top firms. Unlucky to you all

(2)(7)

Anonymous

Thanks for the comment. Now back to your exam notes, Fresher.

(3)(0)

waleed

is private equity an interesting area currently in my 3rd seat in environment health and safety and need to pick one for 4rd seat thank u

(9)(1)

Anonymous

No

(3)(0)

Anonymous

LegalCheek is deleting comments which specify that Ropes is paying undermarket and specifying what other firms, including those in this article which are knowingly inaccurately stated to be paying less than they are (£135k base) as with all other major US law firms (and they have all done for over a year). Likewise comments with respect to Ropes’ financial problems are being deleted.

I realise this is a paid promotion for the firm but the writers can’t deliberately lie and leave an open comments section and not expect word not to get out.

(16)(0)

Anonymous

Hear hear. Every two-bit wannabe LC commenter (aka 7 people in all of London max) knows that Sidley muthafuggin Austin now pays £130k fuck

(5)(2)

Anonymous

Rumour has it that Wright Hassal just upped their NQ to 132k.

(1)(0)

Anonymous

Pathetic, its well known that Fugger & Sons Solicitors in Hounslow recently upped the nq wedge to £155k base, not including the potential 1000% bonus

(7)(0)

Anonymous

And loads of US firms in London not even mentioned on The Most Lists!

(0)(0)

Alex A

I can provide my bank details should any of them want a mention.

(0)(0)

Anonymous

MC class > 120k from this riffraff shop

(5)(1)

roflmao

lol good luck with obtaining a mortgage using “MC class”

(11)(1)

Anonymous

^works for dechert

(2)(0)

Stallone

SPB all the way!

(3)(1)

Anonymous

Back to work, slave.

spbslave

Help mi im hungri

Anonymous

If you wish to provide sub-standard work/advice.

Anonymous

what u on about, spb is top

Offer at 4 MC firms

Anyone competent who has received world class MC training would be able to use their nouse to get a mortgage for pennies on the dollar. This is what people don’t get about the MC. Th training is so good that your ability to negotiate – even for your weekly sainsburys shop – means your nq salary goes way further than the US sweatshops

(29)(2)

Anonymous

THis is brilliant, 10/10

(10)(0)

MC Training denier

Dominic Raab’s negotiation skills on Brexit lasted him, what, 3 weeks?

(9)(0)

Anonymous

Everyone senior at Ropes trained at MC/SC or is American. They don’t train their trainees then push them out after a few years because they don’t know what they’re doing. A few US firms aren’t like this but practically all are still dominated by former MC at senior associate/partner level. You can quite easily get a mortgage on MC salary, difference being you can still pay it when you’re 35 because you can get a job almost anywhere.

(3)(2)

Anonymous

4% rise is derisory.

(1)(0)

Anonymous

Why does Legal Cheek not update their most list when it is completely wrong… Sullivan & Cromwell pay £135k NQ, Skadden pay £133k NQ, Gibson Dun pay £132k NQ, Davis Polk is higher than it is.. Latham do not pay £143k NQ – just to name a few!

(4)(0)

Anonymous

How much does Latham pay?

(1)(0)

Anonymous

Closer to 1mil than 140k lmao

(2)(2)

Anonymous

Latham pays 116k, use the Chambers guide its not intrinsically flawed by commercialism and money-grabbing like another legal publication..

(3)(2)

Anonymous

And will actually include all firms, like Fried Frank, in their lists.

(0)(0)

Anonymous

Chambers guide says it’s not disclosed

(0)(1)

Anonymous

And it’s not £116 – they recently salary-banded themselves against Fried Frank and Sidley, the NQ rate is £130k I believe.

Anonymous

It’s not 130k.

The 116k figure is roughly correct (if we’re being precise, it’s actually 117.7k).

Anonymous

https://www.legalcheek.com/2016/06/latham-watkins-london-office-latest-to-up-nq-pay-to-124k-as-us-pay-war-rocks-london/ here’s proof that it hit 124k in 2016. not like it’s gone down since then lol

Anonymous

Proof? Uninformed nonsense. Latham pays London NQs $180k converted into £ at a fixed FX rate (set by the firm). In other words, they don’t actually pay NQs $180k. After conversion, the NQ salary comes out at £117.7k.

Confusion has been caused by ignorant people (including legalcheek journalists) who type “180k dollars in pounds” into Google, which gives a spot rate conversion figure (ie.
circa £140k, usually). This is NOT how latham calculates London salaries.

Anonymous

Wow you sound like a student… you do realise that Latham pay their US associates $190k NOT $180k!

The Latham figure is around the £135k mark, not the £117k that you have quoted.

Lathams 2PQE

My cock is actually too huge, someone plz help me

Anonymous

“Wow you sound like a student”…who the fuck do you think this website is for? Stop attempting to student-shame. Didn’t realise you were a partner at Latham.

And yes I realise, so what? This conversation is about UK associates not US ones.

Anonymous

Lol it is relevant because you are a student who clearly, as shown by your comments, has no idea what you are chatting about so please can you stop talking uninformed and incorrect nonsense.

Again, lol, it is relevant because the conversion at $190k to GBP obviously is different from the conversion of a base salary of $180k to GBP… as you clearly don’t realise, the conversion stems from how their US associates are paid, so it is entirely relevant!

Legal Rec

I placed a 1PQE into Latham about three months ago, their salary slightly increased in Jan as they shifted their conversion rates and they are now on £131k plus change. The majority of you are speaking absolute nonsense.

(1)(1)

Anonymous

OK so it changed in January and apparently many hadn’t realised. The majority of us will never have to work in recruitment, so swings and roundabouts.

(0)(0)

Comments are closed.

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