Milbank, Tweed, Hadley & McCloy LLP
|Sullivan & Cromwell LLP||94.0|
|Debevoise & Plimpton LLP||93.1|
|Paul Hastings LLP||
|Kirkland & Ellis International LLP||90.5|
|Sidley Austin LLP||
|Latham & Watkins||89.9|
|Cleary Gottlieb Steen & Hamilton LLP||89.1|
|Osborne Clarke LLP||87.6|
|Stewarts Law LLP||86.6|
|Watson Farley & Williams||86.3|
|Travers Smith LLP||86.2|
|Greenberg Traurig, LLP||
|White & Case LLP||
|Trowers & Hamlins LLP||85.2|
|Covington & Burling LLP||
Whilst it’s not all about the money, there’s no getting away from the fact that a good salary is an enticing element of a training contract.
A good financial reward can at least partially offset long hours, late nights and weekends in the office, and US firms dominate the rankings here.
Moreover, with the rising cost of university fees, it’s reassuring to know that you will be able to make a dent in your student loan repayments. These leading firms impressed trainees with their remuneration levels.
The ‘financial benefits’ and ‘generous salary’ at Milbank, Tweed, Hadley & McCloy does not go unappreciated.
Likewise, the ‘good pay’ at Skadden, Arps, Slate, Meagher & Flom helps to compensate for late finishes.
The remuneration ‘helps to make up for the unpredictable hours’ at Sullivan & Cromwell and for the ‘24/7 expectation of availability’ at Kirkland & Ellis.
Paul Hastings and Sidley Austin also scored highly in this category, with the remuneration making up for occasional ‘3am finishes’.
Latham & Watkins trainees also appreciate being well-paid, as this is a sweetener for hours which ‘can be brutal’.
Debevoise & Plimpton’s trainee salary is ‘one of the best in the City’ and keeps trainees content, and the salary at Cleary Gottlieb Steen & Hamilton is a trade-off for ‘having to cancel social engagements’.
O’Melveny’s salary is applauded and helps to incentivise trainees to get through tougher periods, such as when they have ‘too many things to do in a short space of time’.