Trainee solicitors elsewhere in the UK tend to earn up to £39,375. Once you qualify, London-based solicitors earn up to £100,000 (sometimes more depending on the firm). Meanwhile, those based outside of the capital earn up to £54,000. Working in London, criminal solicitors earn on average approximately £52,500.

How much do solicitors earn UK per year?

Qualified solicitors In 2018 the average salary (median gross) for solicitors working full-time in private practice was £62,000 each year.

What type of solicitors earn the most money?

Intellectual property lawyers often referred to as IP lawyers, top this list of the types of lawyers that make the most money. IP lawyers deal with intellectual property, meaning anything that’s been created by someone else.

Which lawyers make the most money UK?

Rule of Thumb for Pay Corporate and commercial solicitors can be earning £100k and upwards, personal service law fields (aka high street solicitors) earn up to around £50k in most cases. Local authority lawyers fall into the latter category.

What’s the average salary of a UK solicitor?

However, it’s the USA-based firms (usually found in London) that pay the most impressive wages. For example, Kirkland & Ellis and White & Case pay first-year trainee solicitors £50,000. These figures rise to £55,000 in the second year.

How much does white and case solicitors make?

Latham & Watkins offer newly-qualified solicitors £137,000. White & Case pay recently qualified lawyers £130,000. As well as higher rates of pay, working for an international firm opens you up to opportunities for travel and work abroad.

How long does it take to become a solicitor?

Remember that solicitors must complete a two-year training contract before entering the ‘Post-Qualified Experience’ or ‘PQE’ stage. Now see what Magic Circle firm lawyers earn – from trainees to partners! Similarly, barristers ’ salaries fluctuate in line with what area of law the chambers practices.

What’s the average salary for a lawyer in London?

Firms in London often pay trainees above and beyond the recommended minimum. For example, the Magic Circle – comprised of Allen & Overy, Clifford Chance, Freshfield Bruckhaus Deringer, Linklaters and Slaughter and May – London’s five most prestigious law firms currently offer first year trainees salaries in the region of £45,000 to £48,000.