Slaughter and May increases pay for junior lawyers


Global law firm Slaughter and May is to increase pay for its trainee and junior lawyers from January 2018, and will pay its associates bonuses of up to 16% for 2017.

First-year trainees will see their pay increase from £43,000 a year to £44,000 from January 2018, second-year trainees will receive an annual salary of £49,000 instead of £48,000, and newly qualified lawyers will have their pay increased from £78,000 to £80,000. Lawyers with six months of post-qualified experience will see their pay rise to £84,000 a year from £82,000, and those with one year of post-qualified experience, such as solicitors and legal executives, will receive an annual salary of £88,000, compared to £87,000 previously.

The salary increases have been designed to reflect current market trends.

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Associates at Slaughter and May will also receive a performance-based bonus, which will be awarded as a lump sum with their December pay. Newly qualified lawyers or those with half a year of post-qualified experience will be awarded a bonus of 9% of their annual pay, lawyers with between one to two years of post-qualified experience will receive bonuses of 12% of annual salary, and lawyers with between two and a half to four years of post-qualified experience will be awarded a 14% bonus. Lawyers with between four and a half and six and a half years of post-qualified experience will receive a bonus of 16% of annual take home pay.

Slaughter and May last increased its employee pay in December 2016 as part of a pay and benefits redesign. This saw associate salary scales increase from 1 January 2017, and staff bonuses of between 9% and 16% being awarded. Trainees, business services staff, professional support lawyers, secretaries, and paralegals received a 3% bonus for 2016.