Starting salaries for London City lawyers soar to £60,000

Starting salaries for City lawyers have broken the £60,000 mark for the first time as demand for new talent soars, an analysis by a leading legal recruitment firm has found. Newly qualified solicitors at London's top firms have seen salaries rise by 16 per cent in the past 12 months, with many now hitting £64,000 a year, according to the specialist legal recruitment company, Hughes-Castell. A decade ago, a newly qualified lawyer could have expected to earn £25,000 a year. But now they can earn double that through their basic wage, and many firms also top up the salaries with so-called "golden handcuffs" of more than £10,000 for their newest recruits when they sign up.

Starting salaries for London City lawyers soar to £60,000 independent.co.uk Mon, Nov 19, 2007