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Akin Gump boosts trainee pay 14% to £62.5k

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Year one rookies now on £57.5k

Akin Gump has upped trainee solicitor salaries in the London office by as much as 15%.

The move means year one rookies will earn £57,500, up 15% from £50,000, while those a year ahead in their training will receive £62,500, a 14% uplift from £55,000. The rises take effect from 1 January 2022.

The Legal Cheek 2022 Firms Most List shows second years are now among the highest paid trainees in the City, with only a select few US outfits including Cleary Gottlieb and Davis Polk providing the same five-figure sum.

The 2022 Legal Cheek Firms Most List

Vance Chapman, partner and London training principal, said:

“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 firm’s newly qualified solicitors in London earn a recently improved salary of $202,500 (or roughly £148k based on current conversion rates).

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13 Comments

AKIN PUMP

Pump up the jam

Future SQE sitter

So the grand total of about 4 trainees are getting a raise then. Cool story brah

Curious Joe

When are Latham going to match?

Anon

Don’t need to. Doesn’t make a massive difference to prospective applicants. The wider variety of seats and reputation of Latham is enough of a draw.

Help me I'm poor

Pls Latham, stop being stingy

Kirkland NQ

I once dropped £62,500 while walking down King’s Road to my favourite wine bar for cigars and Krug with some other ‘landers. It wasn’t worth my time to stop to pick it up.

CMS NQ

Good one. You should try dropping your BMI too whilst you’re at it as those daily deliveroos and 14 hour shifts cant be doing you any favours…

Anonymous

Shots fired! You show them my boy.

The Original Anon

Yikes

Sumptuous Gumptuous

Why has no-one said “Run, Forrest! Run!” Yet?

Mil Lenny Umm

Because it’s not 1994?

Dunno

This salary rises make me stressed 😬means firms will be more competitive to get into

Anon

If you’re scared of competition, you’ve got no hope anyway. Same if you get stressed easily.

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