The UK’s Highest Paying Law Firms

An up-to-date and current list of salaries paid by the UK's top law firms, including US firms in London

The UK’s Highest Paying Law Firms
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The top UK law firms are major businesses which pay big money to their lawyers. In return, lawyers are required to work long hours for demanding clients often on matters across several time zones.

Salaries at the top law firms have soared in recent years and continue to rise, driven by two main factors:

  • Fiercer competition for the best talent (law, finance and consulting no longer get the pick of the best graduates thanks to the rise of big tech firms);
  • The need to align with global US law firm salary standards as US firms have expanded in London, particularly for firms with an international presence. 

London-based firms offer the highest salaries. London is home to all of the top firms and is where the most sought-after legal jobs are found.  

The table below lists the current salaries paid by the UK’s top law firms. 

It lists trainee salaries - both first and second year - and also newly qualified (NQ) salaries for each firm.

Law firm salaries

Law Firm
Trainee First Year
Trainee Second Year
Newly Qualified (NQ)
Addleshaw Goddard£52,000£56,000£100,000
Akin Gump£60,000£65,000£174,418
A&O Shearman£56,000£61,000£150,000
Ashurst£52,000£57,000£125,000
Baker McKenzie£56,000£61,000£140,000
Bird & Bird£47,000£52,000£98,000
Bristows£46,000£50,000£88,000
Bryan Cave Leighton Paisner£50,000£55,000£105,000
Burges Salmon£47,000£49,000£72,000
Charles Russell Speechlys£50,000£53,000£88,000
Cleary Gottlieb Steen & Hamilton£57,500£62,500£164,500
Clifford Chance£56,000£61,000£150,000
Clyde & Co£47,000£49,500£85,000
CMS£50,000£55,000£110,000
Cooley£55,000£60,000£157,000
Davis Polk £65,000£70,000£170,000
Debevoise £55,000£60,000£173,000
Dechert£55,000£61,000£165,000
Dentons£50,000£54,000£100,000
DLA Piper£50,000£55,000£110,000
Eversheds Sutherland£46,000£50,000£100,000
Farrer & Co£47,000£49,000£88,000
Fieldfisher£48,500£52,000£95,000
Freshfields£56,000£61,000£150,000
Fried Frank£55,000£60,000£175,000
Gibson Dunn£60,000£65,000£180,000
Goodwin Procter£55,000£60,000£175,000
Gowling WLG£48,500£53,500£98,000
Herbert Smith Freehills£56,000£61,000£135,000
HFW£50,000£54,000£100,000
Hill Dickinson£43,000£45,000£80,000
Hogan Lovells£56,000£61,000£135,000
Irwin Mitchell£43,000£45,000£76,000
Jones Day£56,000£65,000£160,000
K&L Gates£50,000£55,000£115,000
Kennedys£43,000£46,000£85,000
King & Spalding£55,000£60,000£165,000
Kirkland & Ellis£60,000£65,000£174,418
Latham & Watkins£60,000£65,000£174,418
Linklaters£56,000£61,000£150,000
Macfarlanes£56,000£61,000£140,000
Mayer Brown£55,000£60,000£135,000
McDermott Will & Emery£65,000£70,000£174,418
Milbank£65,000£70,000£174,418
Mills & Reeve£45,000£47,000£82,000
Mischon de Reya£47,500£52,500£95,000
Norton Rose Fulbright£50,000£55,000£135,000
Orrick£55,000£60,000£160,000
Osborne Clarke£54,500£56,000£94,000
Paul Hastings£60,000£68,000£173,000
Paul Weiss£55,000£60,000£180,000
Penningtons Manches Cooper£48,000£50,000£83,000
Pinsent Masons£49,500£54,000£97,000
Quinn Emanueln/an/a£180,000
Reed Smith£50,000£55,000£125,000
Ropes & Gray£60,000£65,000£165,000
RPC£46,000£50,000£90,000
Shoosmiths£43,000£45,000£97,000
Sidley Austin£60,000£65,000£175,000
Simmons & Simmons£52,000£57,000£120,000
Skadden£58,000£63,000£173,000
Slaughter and May£56,000£61,000£150,000
Squire Patton Boggs£47,000£50,000£110,000
Stephenson Harwood£50,000£55,000£100,000
Sullivan & Cromwell£65,000£70,000£174,418
Taylor Wessing£50,000£55,000£115,000
TLT£44,000£47,500£85,000
Travers Smith£54,000£59,000£120,000
Trowers & Hamlins£45,000£49,000£80,000
Vinson & Elkins£60,000£65,000£173,077
Watson Farley & Williams£50,000£55,000£102,000
Weightmans£34,000£36,000£70,000
Weil Gotshal & Manges£60,000£65,000£170,000
White & Case£62,000£67,000£175,000
Willkie Farr & Gallagher£60,000£65,000£170,000
Withers£47,000£52,000£95,000
Womble Bond Dickinson£43,000£45,000£80,000
Rank
Law Firm
Revenue
Profit per Equity
Partner (PEP)
1DLA Piper*£3,010,000,000£2,400,000
2Clifford Chance£2,300,000,000£2,040,000
3A&O Shearman£2,200,000,000£2,200,000
4Hogan Lovells£2,150,000,000£2,200,000
5Freshfields£2,120,000,000Not disclosed
6Linklaters£2,100,000,000£1,900,000
7Norton Rose Fulbright*£1,800,000,000£1,100,000
8CMS**£1,620,000,000Not disclosed
9Herbert Smith Freehills£1,300,000,000£1,300,000
10Ashurst£961,000,000£1,300,000
11Clyde & Co£844,000,000£739,000
12Eversheds Sutherland£749,000,000£1,300,000
13BCLP*£661,000,000£748,000
14Pinsent Masons£649,000,000£793,000
15Slaughter and May***£625,000,000Not disclosed
16Simmons & Simmons£574,000,000£1,076,000
17Bird & Bird**£545,000,000£696,000
18Addleshaw Goddard£495,000,000Not disclosed
19Taylor Wessing£480,000,000£915,000***
20Osborne Clarke**£456,000,000£771,000
21Womble Bond Dickinson£448,000,000£556,000
22DWF£435,000,000Not disclosed
23Fieldfisher£407,000,000£966,000
24Kennedys£384,000,000Not disclosed
25DAC Beachcroft£325,000,000£700,000

What do City lawyers actually do each day?

For a closer look at the day-to-day of some of the most common types of lawyers working in corporate law firms, explore our lawyer job profiles:

Which law firm pays the highest salary?

For trainees, US firms Davis Polk, McDermott, Milbank and Sullivan & Cromwell pay the highest salaries.

First year trainees are paid £65,000, and second year trainees £70,000.

For newly qualified solicitors, US firms Gibson Dunn, Quinn Emanuel and Paul Weiss pay the highest salary.

Newly qualified solicitors are paid £180,000 at all three firms.

FirmLondon office sinceKnown for in London
Baker McKenzie1961Finance, capital markets, TMT
Davis Polk1972Leveraged finance, corporate/M&A
Gibson Dunn1979Private equity, arbitration, energy, resources and infrastructure
Goodwin2008Private equity, funds, life sciences
Kirkland & Ellis1994Private equity, funds, restructuring
Latham & Watkins1990Finance, private equity, capital markets
Milbank1979Finance, capital markets, energy, resources and infrastructure
Paul Hastings1997Leveraged finance, structured finance, infrastructure
Paul Weiss2001Private equity, leveraged finance
Quinn Emanuel2008Litigation
Sidley Austin1974Leveraged finance, capital markets, corporate/M&A
Simpson Thacher1978Leveraged finance, private equity, funds
Skadden1988Finance, corporate/M&A, arbitration
Weil1996Restructuring, private equity, leverage finance
White & Case1971Capital markets, arbitration, energy, resources and infrastructure
Law firmTypeFirst-year salary
White & CaseUS firm£32,000
Stephenson HarwoodInternational£30,000
A&O ShearmanMagic Circle£28,000
Charles Russell SpeechlysInternational£28,000
FreshfieldsMagic Circle£28,000
Herbert Smith FreehillsSilver Circle£28,000
Hogan LovellsInternational£28,000
LinklatersMagic Circle£28,000
Mishcon de ReyaInternational£28,000
Norton Rose FulbrightInternational£28,000

How much do Magic Circle firms pay?

Here’s a list of Magic Circle law firm salaries:

Law Firm
Trainee First Year
Trainee Second Year
Newly Qualified (NQ)
A&O Shearman£56,000£61,000£150,000
Clifford Chance£56,000£61,000£150,000
Freshfields Bruckhaus Deringer£56,000£61,000£150,000
Linklaters£56,000£61,000£150,000
Slaughter and May£56,000£61,000£150,000
Law Firm
Trainee First Year
Trainee Second Year
Newly Qualified (NQ)
A&O Shearman£56,000£61,000£150,000
Clifford Chance£56,000£61,000£150,000
Freshfields Bruckhaus Deringer£56,000£61,000£150,000
Linklaters£56,000£61,000£150,000
Slaughter and May£56,000£61,000£150,000
Law Firm
Trainee First Year
Trainee Second Year
Newly Qualified (NQ)
Ashurst£52,000£57,000£125,000
Bryan Cave Leighton Paisner£50,000£55,000£105,000
Herbert Smith Freehills£56,000£61,000£135,000
Macfarlanes£56,000£61,000£140,000
Travers Smith£54,000£59,000£120,000
FirmMerger yearKnown for in London
BCLP2018Real estate, corporate/M&A, litigation
DLA Piper2005Corporate/M&A, real estate, energy, resources and infrastructure
Eversheds Sutherland2017Corporate/M&A, finance
Hogan Lovells2011Litigation, regulation, finance
Mayer Brown2002Finance, capital markets, real estate
Norton Rose Fulbright2013Energy, resources and infrastructure, insurance, finance
Reed Smith2007Shipping, finance, TMT
Squire Patton Boggs2011Corporate/M&A, pensions, TMT

How much do Silver Circle firms pay?

Here’s a list of Silver Circle law firm salaries:

Law Firm
Trainee First Year
Trainee Second Year
Newly Qualified (NQ)
Ashurst£52,000£57,000£125,000
Bryan Cave Leighton Paisner£50,000£55,000£105,000
Herbert Smith Freehills£56,000£61,000£135,000
Macfarlanes£56,000£61,000£140,000
Travers Smith£54,000£59,000£120,000

Where we get our information from

We gather salary information from a range of sources, including law firm websites and press releases, from readers of our newsletter who tell us what their law firms currently pay, and from other reputable sources online.

We regularly update our database but if you spot anything that is incorrect or out of date, please let us know by emailing us at newsletter@nonbillable.co.uk.

Notes

Where firms have offices outside of London, the London salary is given, except for Burges Salmon which lists salaries for its Bristol office.

Paul Weiss is launching a London training contract in October 2026.

A note on US firms: some US firms determine pay for their London lawyers based on the salary scale they apply within the US, and then apply a fixed exchange rate to determine pay in GBP. For example, we understand Milbank applies a fixed exchange rate of £1 = $1.29. First-year lawyers in the US (i.e. NQs) are paid $225,000, with London lawyers therefore paid £174,418.

Other firms simply say they pay US rates. In those cases, we've applied the same exchange rate that Milbank uses e.g. for Kirkland, Latham, McDermott, and Akin.

Author of blog post.
Olivia Rhye
11 Jan 2022
5 min read