CMS boosts NQ lawyer pay to £100k

Second rises in seven months

CMS has increased salaries for newly qualified associates in London to £100,000, Legal Cheek can reveal.

The move equates to an extra £5,000 or 5%, with rates previous set at £95,000 following an uplift in December 2021.

The Legal Cheek Firms Most List 2022 shows the new six figure sum matches that already offered by the likes of Macfarlanes, Simmons & Simmons, Squire Patton Boggs and Travers Smith, and is just £7,500 behind magic circle player Allen & Overy (£107,500), which last week opted against further rises citing “challenging” economic conditions.

CMS recruits around 95 trainees each year, following a hike last summer which made it the second highest training contract provider in the UK. Linklaters sits in top spot with 100 TCs annually.

The 2022 Legal Cheek Firms Most List

The firm’s London trainees earn a salary of £46,725 in year one, rising to £52,250 in year two.

Last week Legal Cheek reported that Herbert Smith Freehills had upped NQ rates to £120,000, in a move which saw it leapfrog big names including A&O and Linklaters (both £107,500) as well as Slaughter and May (£115,000).

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