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Salary

6.3 / 10

(based on 21 ratings in 2016)

2016

"Base pay is also on the lower end of the market."
First year trainee, London
"I'm generally very happy, although the issue of pay does crop up a lot."
First year trainee, London
"The pay is good and on par with other law firms. It's not as high as magic circle but then the hours are nowhere near as bad either."
First year trainee, London
"Low pay compared to that of peer firms. Trainee bonuses are fixed and very nominal."
Second year trainee, London
"Decent pay but below the competition."
First year trainee, London
"Pay is good at trainee level but the trainee bonus could perhaps be more generous."
First year trainee, London
"Standard market compensation for trainees in London."
First year trainee, London

2015

"Although our pay can be seen as less than that which others receive, the trainee starting salary was recently raised. While I am unsure how the bonus system works, as I feel that it is unclear, there is a bonus potentially available."
First year trainee, London
"I am currently satisfied with my pay at Reed Smith."
First year trainee, London
"As a trainee I really cannot comment on bonuses as of yet; but I find that the pay for trainees is very reasonable."
First year trainee, London
"I think that the pay is good, and it has been raised this year which is great."
First year trainee, London

2014

"Good salary, in-line with most City/international firms. Bonuses are low at trainee level."
First year trainee, London
"It's pretty standard for medium-sized English firm in the City. This is a global firm so it doesn't come with the US firm salaries but then the hours aren't as extreme either."
First year trainee, London
"I understand the trainee pay is average for a City firm, but this isn't something I am particularly concerned about. Bonus criteria is transparent and well communicated."
First year trainee, London
"Trainees received a bonus this year. It was welcome, as we have put in a great deal of work and the firm has had a good year."
Second year trainee, London
"The fact that trainees get bonuses is already great - I understand not all firms would consider it."
First year trainee, London
"I would say they are slightly below average when compared to other firms in London - however you get a better work-life balance, so it is all relative."
First year trainee, London

2013

"I would say salaries are fair."
First year trainee, London
"Transparent bonus scheme. Annual pay review."
Newly qualified solicitor, London
"Seem to be paid the lowest end in London compared to other friends at the same level."
1 yr PQE, London
"The bonuses could be more generous."
First year trainee, London
"I think salaries have been good, but are nowhere near what other US firms pay."
1 yr PQE, London
"Compared to the hours you work, the salary is not competitive with the market. Bonus system too discretionary. Merit based pay system means that you will not get a guaranteed raise next year."
Newly qualified solicitor, London
"The salary is good for a graduate compared to other jobs."
First year trainee, London
"Newly qualified below its competitors but trainee is good."
First year trainee, London
"Other firms seem to offer higher pay."
Newly qualified solicitor, London
"Salary is a little below average for a firm of this size. Benefits are improving."
First year trainee, London
"Pay could be increased, as it hasn't changed since my offer. Qualification salary could also be improved."
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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