Slaughters keeps newbies on £50K wage

Slaughter and May has opted to keep its newly-qualified salaries static at £50,000, despite reviewing its decision following Clifford Chance‘s announcement of a dip in pay to £48,000 per year. Allen & Overy, Freshfields Bruckhaus Deringer and Linklaters have also rejected Clifford Chance’s cost-cutting approach, leaving their newly-qualifieds’ salaries at £50,000.