Regional rates up nearly a quarter to £62k
Eversheds Sutherland has become the latest major City player to increase the salaries of its newly qualified associates in London to £95,000.
The move, confirmed yesterday, equates to a sizeable 16% uplift from £82,000. It follows similar moves in recent days by Squire Patton Boggs and DLA Piper.
The firm has also splashed across the rest of its UK offices, with rates moving a whopping 24% to £62,000. Regional salaries were previously set at £50,000.
The boosts will take effect from 1 May 2022.
Lee Ranson, Eversheds’ chief executive commented:
“Retaining and attracting the best talent is a key priority and salary and bonuses form an important part of our overall employee proposition, alongside culture, learning and development and quality of work. With this in mind, I am pleased to announce this investment in our UK newly qualified rates.”
The Legal Cheek Firms Most List 2022 shows trainee pay in London currently sits at £42,500 in year one and £46,000 in year two, while regional rates sit at £28,500 and £31,000.
Last December the firm revealed it had increased its TC offering from 40 to 50 — or 25%.
For the latest news, commercial awareness insight, careers advice and events:
Sign up to the Legal Cheek Newsletter
