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Willkie Farr and Davis Polk boost training contract numbers in London

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Six TCs on offer at both firms in 2023

New York-headquartered duo Willkie Farr & Gallagher and Davis Polk & Wardwell have confirmed increases to their London training contract offerings.

The boost means that Willkie, which took on just three trainees in 2021, is now offering five training contracts in September 2022 and six in 2023.

The firm hiked salaries for trainees to £55,000 in year one and £60,000 in year two in January. At the same time it confirmed salaries for its newly qualified (NQ) solicitors would move to a hefty £145,000.

The 2022 Legal Cheek Firms Most List 2022

Meanwhile, Davis Polk has confirmed it will increase its rookie ranks from four to six in August 2023.

Last month the outfit raised year one trainee pay to £60,000, rising to £65,000 in year two. The firm also boosted its NQ base pay to an eye-watering £160,000.

A look at our Firms Most List 2022 shows that the London offices of US firms traditionally have much smaller trainee intakes compared to their UK headquartered counterparts. Most US firms have UK training contract offerings in the single figures, while the five magic circle firms recruit a combined 445 trainees each year.

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4 Comments

Lol

Loool wow so many TCs available it’s crazy

(34)(2)

Realist

This is barely worth mentioning. They will receiving literally thousands of applications. I know one low-tier firm which offered 3 training contracts back in 2016, on a trainee salary of £31k and qualification salary of £42k.

They received over 3,000 applicants, so there was less than a 0.1% prospect of success.

How much worse will be be for a firm offering £55k/£145k?…

(6)(1)

H

The TC hunger games is mad stupid.

(8)(0)

Pupillage-applier

Pff

(0)(0)

Comments are closed.

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