Pay on the rise again at magic circle firms

June 2014
Lawyer (Online Edition);6/2/2014, p23
Trade Publication
The article reports that three magic circle firms including Allen & Overy LLP (A&O), Freshfields Bruckhaus Deringer LLP and Hogan Lovells LLP have ended their salary freeze. Freshfields has ended its five-year freeze on one-year merit-based associate pay and trainee pay in 2014. It states that Freshfields has adopted a structure that is merit-based and aimed at rewarding best performers.


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