Hammonds boosts trainee pay

National firm Hammonds has hiked its salaries for London-based trainees by more than 17 per cent.

First year trainees in the capital will now be paid 35,000 compared with 29,000 in the previous year. Second-year trainee salaries have crept up to 38,000.

Trainees in Hammonds regional offices will see their salaries hit 25,000 in the first year and 27,000 in the second.

In addition, the firm has increased its maintenance grants for future lawyers taking the Graduate Diploma in Law (GDL/CPE) and the Legal Practice Course (LPC).

For the GDL, London students will get 5,000 and those in the regions 4,500. LPC scholars will receive 7,000 in London and 6,000 elsewhere.

The news comes just two months after Hammonds announced pay rises for all its newly qualified solicitors (www.lawyer2b.com 9 July).

Commenting on newly qualified salaries, managing partner Peter Crossley said: The lower end of the market is the most active for pay that I have ever seen, and there really is a war for talent. Most firms like ours spend a huge amount of time and effort recruiting trainees, and all of us want to hold on to them.