How satisfied are you with your financial remuneration?

FirmScore (/10)
Sullivan & Cromwell LLP 9.48
Latham & Watkins 9.35
Cooley (UK) LLP 9.29
Kirkland & Ellis International LLP 9.13
White & Case LLP 9.06
Skadden, Arps, Slate, Meagher & Flom LLP 9.03
Milbank, Tweed, Hadley & McCloy LLP 9.00
Weil, Gotshal & Manges 8.98
Burges Salmon LLP 8.94
Gibson, Dunn & Crutcher LLP 8.89
Cleary Gottlieb Steen & Hamilton LLP 8.88
Osborne Clarke LLP 8.87
Morgan, Lewis & Bockius UK LLP 8.85
O'Melveny & Myers LLP 8.75
Shearman & Sterling (London) LLP 8.72
Covington & Burling LLP 8.72
Arnold & Porter (UK) LLP 8.70
Allen & Overy LLP 8.67
Sidley Austin LLP 8.64
Hogan Lovells International LLP 8.64

It’s no surprise that the US-based international firms dominate our top-ten in this category, with US firms in London paying as much as 40% more to newly-qualified solicitors than UK counterparts.

There is more to life than the dollar, but if remuneration is what motivates you, consider a training contract at Sullivan & Cromwell, where ‘our pay is better’ than rivals, or perhaps Latham & Watkins, where there are ‘longer hours, but higher pay and more responsibility given’ compared to some other City firms.

At Cooley (UK) ‘the remuneration is very generous and we recently received a salary increase’, while at Kirkland & Ellis International, trainees cite pay and friendliness among the best attributes of the firm.

The training contract at White & Case is popular for its international opportunities and ‘good salaries for trainees’, while many choose Skadden, Arps, Slate, Meagher & Flom for its ‘reputation, quality of work, small trainee intake and good qualification salary’.

Milbank, Tweed, Hadley & McCloy has the ‘best overall package’ and Weil, Gotshal & Manges offers ‘higher remuneration, a smaller intake and cutting-edge work’. The only non-US origin firm in our top ten is Bristol-headquartered Burges Salmon, rated as the ‘best firm outside London in terms of quality of work, remuneration and location’ and just clinching a top-ten place this year is Gibson, Dunn & Crutcher.