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Salary

7.9 / 10

(based on 22 ratings in 2015)

2015

"The trainee salary has just increased to £40,000 year one and £45,000 for year two."
First year trainee, London
"The firm had their first firm-wide bonus for seven years paid last month (five percent) and yearly pay increases. Trainee pay is very competitive."
Second year trainee, London
"Having recently received a bonus I am very satisfied with pay and bonuses at CMS."
Second year trainee, London
"There has been a recent salary increase and bonus. These could be better, in my opinion, but they are still satisfactory for the type of firm."
First year trainee, London
"I receive good pay, and it was good that trainees also received the firm-wide bonus."
First year trainee, Bucharest
"The pay for trainees is very reasonable I think, and in line with similar city firms. Trainees are also eligible for the general firm bonus, which is nice."
First year trainee, London

2014

"Salaries are now the best in Scotland - a real market changer and other firms are having to catch CMS up. We are also eligible for performance related bonuses, which is a nice added perk."
Second year trainee, Glasgow
"The pay is at the lower end of City firms but still comparable to others. The bonus structure is based on billable hours but there is no access to bonuses for trainees."
First year trainee, London
"No bonuses. Pay doesn't always represent the hours you put in compared to other city firms. Only one marginal increase in salary in the last few years."
First year trainee, London
"All city lawyers are well paid - there really isn't any reason to complain. I don't think bonuses are available to trainees."
Second year trainee, London
"The firm has a very competitive salary that is comparable to other city firms and not far off Magic Circle peers. There are many things that city lawyers can complain about but salary is certainly not one of them!"
First year trainee, London
"Meritocratic structure rewards high-performing individuals which is a good incentivisation tool."
First year trainee, London
"Pay is good and has just been increased after a long period where it was frozen. Pay matches comparable law firms."
Second year trainee, London
"Salaries have barely increased for trainees in the last four years. We should be paid slightly more for the work and the hours we do. There should be a bonus system for trainees."
First year trainee, London
"The pay is generally good, although there are significant regional variants."
Second year trainee, Bristol
"Trainees do not qualify for bonuses. It would be good if they did! Pay is fine compared to other graduates but our job demands long hours and high pressure environment. However the career prospects are excellent so I feel it is worth it!!"
First year trainee, Glasgow
"The pay is one of if not the highest in Scotland which is excellent. There are other bonuses in terms of trips away and nights out which are paid for by the firm."
Second year trainee, Glasgow

2013

"Very competitive at trainee level - less so as you move through the firm."
Second year trainee, London
"The salary is very competitive and there are a number of bonus schemes in place. We are paid in the middle of the month, so there is no need to wait until the end of the month!"
First year trainee, London
"The pay is competitive with other firms in the city. It also goes up each year. Trainees are also able to receive bonuses if they excel which is a good incentive."
First year trainee, London
"The trainee pay has remained frozen for a number of years and NQ salaries have gone up very little since 2008, although this is understandable given the economic situation. However, there may be a danger in the future that we put ourselves out as a very large, top city firm, but risk being competitive with smaller firms in terms of pay."
Second year trainee, London
"I think that the firm is starting to lag behind its City competitors on pay."
First year trainee, london
"Trainees are not eligible for the bonus scheme - the incentive is that you want to secure a job at the end of your TC rather than get bonuses. The associates bonus scheme does seem rewarding though."
Second year trainee, London
Our 'Inside Buzz' reviews are the comments and views of recent graduate recruits, giving you a view of what it may be like to work for an organisation. Copyright of all TARGETjobs Inside Buzz material lies solely with GTI Media.
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