Vinson & Elkins bumps UK trainee pay to £60-£65k
NQ salaries sit at nearly £174k
Vinson & Elkins (V&E) has boosted the salaries of its trainee solicitors in London by as much as 20%, Legal Cheek can reveal.
The increase means year one trainees now earn £60,000, a rise of 20% from £50,000, while those a year ahead will receive £65,000, an 18% uplift from £55,000. Newly qualified associates at the US-headquartered firm currently earn a salary of $215,000 (£173,822).
The Legal Cheek 2023 Firms Most List shows V&E’s trainees are now among the highest paid in the City, alongside other US outfits Davis Polk & Wardwell, Kirkland & Ellis, Morrison Foerster, Sullivan & Cromwell and Weil Gotshal & Manges who all offer the same five-figure sums.
V&E provides six UK training contracts each year, and in our latest Trainee and Junior Lawyer Survey it chalked up an A* for its swanky office on the 24th floor of the Walkie Talkie. It scored As for training, quality of work, peer support and partner approachability.
Clifford Chance would be a fine thing
Can the MC plz raise trainee salaries
Join the queue
Just move firms hun. People need to stop expecting UK firms to keep up with the US. They won’t, this country has a culture of low pay. Just move and stop pleading your firm to pay you standard US rates.
It’s not a culture of low pay. It’s the fact that the UK economy is simply not very productive.
Lool honestly, any good London city firm in (I.e. the ones that people recognise their name) make a lateral move particularly if you’re in finance or corporate
If BCLP can afford to pay their NQs £95k whilst the London office spontaneously combusts as we all watch, I’m sure even A&O and Links could scrape together a few more pennies from the bottom of the barrel.
You’re not going to move firms as a trainee…
Rupert; a giant in the US
Not so much chicken feed as chicken litter.
Bull E. Boi
I imagine given you have time to post here you probably aren’t really a US Alpha…
You have the same Christian name as an anthropomorphic cartoon strip bear from
That is amusing.
That is all.
Rupert; a better person than you
Get back to your studies, you Poddington Pea-Brain!
I probably make more in a day than you will make in a month when you’re at my level of qualification.