UK law firms match investment banks on trainee pay

Law firm trainees can now pocket equal amounts to their graduate counterparts at investment banks, according to new research – with both camps taking home over £10,000 more than the UK’s average graduate starting salary. According to a new survey published by the Association of Graduate Recruiters, graduates entering the legal profession received average pay of £35,500 in 2007. The result puts law firms on a par with investment banks and fund managers among the highest-paying sectors for graduates. The average starting salary for all UK graduates last year stood at £23,500.

UK law firms match investment banks on trainee pay legalweek.com Wed, Feb 6, 2008