NQ Salary
~£170,455
TC Salary
£65,000 / £70,000 (year 1 / year 2)
Annual Intake
c.15–16 per year (London) — traditional or leveraged finance track
Seats
4 seats
This profile is compiled from publicly available sources and may not reflect the latest changes. Always check Milbank's official careers page for current deadlines, application processes, and programme details.
Milbank is one of the premier leveraged finance practices globally — the firm's London office routinely leads on the most complex European leveraged buyout financings. Milbank is the first call for many private equity sponsors when structuring acquisition finance and is consistently ranked at the top of leveraged finance league tables.
Culture & Values
Milbank has a reputation as one of the more personable elite US firms, with a culture that balances intense deal work with genuine investment in associate development. The London office is small enough to be collegial but large enough to offer top-tier deal flow. Trainees report accessible partners and a willingness to teach rather than simply delegate.
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Method
“Critical thinking assessment via Shortlist.me after application. Then assessment centre with written exercise, presentation, HR interview, and partner interview. Two TC tracks (traditional 4-seat rotation or dedicated leveraged finance track). Requires 2:1 or first. Recruits exclusively via vacation schemes (~8 trainees/year).”
Tests
Independent Resource
Folio is an independent student project and is not affiliated with, endorsed by, or officially connected to Milbank. All information is compiled from publicly available sources and may not reflect the most current data. Salary and deadline figures are approximate, based on prior recruitment cycles. Last verified: 2026-03-18. Always check the firm's official graduate recruitment page for confirmed details.
Generated by Folio — folioapp.co.uk · 30 April 2026
Folio is independent and not affiliated with any firm listed. Salary and deadline information is approximate. Always verify with the firm's official graduate recruitment page.