Cormack won silverware in his second season, when Liverpool emphatically beat Newcastle United 3–0 at Wembley in the 1974 FA Cup Final. Cormack played in the final in central midfield with another Scottish-born player, Brian Hall. He played in all eight games in that FA Cup run and in all 42 league matches that season, two of those as a substitute, as Liverpool finished second to Leeds United in the league. Overall he played 57 games that season, scoring 11 times.