In 2023, four out of the five Magic Circle law firms paid the same salaries. These firms were A&O Shearman, Clifford Chance, Freshfields Bruckhaus Deringer, and Linklaters. Slaughter and May paid 25,000 British pounds less per year than these firms for newly qualified lawyers.
Salaries at the Magic Circle law firms in the United Kingdom (UK) in 2023
(in 1,000 GBP)
Characteristic
Newly qualified
Trainee second year
Trainee first year
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Salary information is collected from various sources that include law firm websites, press releases, and information given to Non-billable.co.uk.
Following a merger with Shearman & Sterling in May 2024, Allen & Overy became A&O Shearman.
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Non-Billable. (March 25, 2024). Salaries at the Magic Circle law firms in the United Kingdom (UK) in 2023 (in 1,000 GBP) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1472061/magic-circle-law-firm-salaries/
Non-Billable. "Salaries at the Magic Circle law firms in the United Kingdom (UK) in 2023 (in 1,000 GBP)." Chart. March 25, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1472061/magic-circle-law-firm-salaries/
Non-Billable. (2024). Salaries at the Magic Circle law firms in the United Kingdom (UK) in 2023 (in 1,000 GBP). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1472061/magic-circle-law-firm-salaries/
Non-Billable. "Salaries at The Magic Circle Law Firms in The United Kingdom (Uk) in 2023 (in 1,000 Gbp)." Statista, Statista Inc., 25 Mar 2024, https://www.statista.com/statistics/1472061/magic-circle-law-firm-salaries/
Non-Billable, Salaries at the Magic Circle law firms in the United Kingdom (UK) in 2023 (in 1,000 GBP) Statista, https://www.statista.com/statistics/1472061/magic-circle-law-firm-salaries/ (last visited August 24, 2024)
Salaries at the Magic Circle law firms in the United Kingdom (UK) in 2023 (in 1,000 GBP) [Graph], Non-Billable, March 25, 2024. [Online]. Available: https://www.statista.com/statistics/1472061/magic-circle-law-firm-salaries/