Linklaters is one of the most prestigious law firms in the world, and securing a training contract with them can be a dream come true for many aspiring lawyers. However, it`s important to know what to expect in terms of salary during your training contract with the firm.
Firstly, it`s worth noting that Linklaters is known for offering competitive salaries, especially when compared to other law firms of similar caliber. As of 2021, the starting salary for trainees at Linklaters in London is £47,000 per annum. This is significantly higher than the average starting salary for trainee solicitors in the UK, which is around £28,000-£32,000.
However, it`s worth noting that this salary can vary depending on a number of factors. For example, if you have a particularly strong academic background or relevant work experience, you may be able to negotiate a higher salary. Additionally, Linklaters offers a number of financial incentives for trainees, such as sign-on bonuses and performance-based bonuses.
It`s also worth noting that your salary will increase as you progress through your training contract. Trainees at Linklaters typically spend six months in four different departments, which means that your salary will increase every six months. As of 2021, second-year trainees can expect to earn around £52,500 per annum.
Of course, it`s important to remember that your salary is just one aspect of your training contract experience. At Linklaters, you`ll have access to some of the best legal training in the world, as well as opportunities to work on high-profile cases and transactions. You`ll also have the chance to work with some of the most talented and experienced lawyers in the industry, which can be invaluable for your future career.
In conclusion, if you`re considering a training contract with Linklaters in London, it`s important to be aware of the salary you can expect to earn. As of 2021, the starting salary for trainees is £47,000 per annum, with opportunities to earn more as you progress through your training contract. However, it`s important to remember that your salary is just one aspect of your experience at Linklaters, and the firm offers many other benefits that make it one of the most sought-after training contracts in the world.