Akin Gump boosts trainee pay 14% to £62.5k

Avatar photo

By Legal Cheek on

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).

Secure your place: The December 2021 UK Virtual Law Fair

Related Stories

Dechert boosts trainee salaries to £50k and £55k

Rises of up to 11% 💷

Oct 21 2021 9:16am

Trainee solicitor pay reaches £62.5k in the City

Davis Polk tops rookie remuneration table

Oct 6 2021 10:05am

Goodwin boosts London trainee pay by 14% to £57,000

First years receive £52,000 -- up 13%

Sep 30 2021 8:28am