Salaries and benefits

New York

A&O matches Clifford Chance in New York Christmas bonuses

Allen & Overy (A&O) has become the second magic circle firm to announced its 2018 bonuses for US associates, just months after a raft of firms revealed “one-off” summer bonuses ranging from $5,000 to $25,000. First year associates will scoop $15,000 while lawyers that have been at the firm from 2010 and before will take […]

money

Mid-size pay rises: RPC and Farrers among firms hiking salaries

A host of law firms across the City have handed salary rises to their trainees and associates. Lincoln’s Inn firm Farrer & Co has given all trainees a £1,000 pay increase, with first-years now on £38,000 (up from £37,000) and second-years on £41,000 (up from £40,000). Its newly-qualified (NQ) solicitors, meanwhile, have been handed a £4,000 boost from £60,000 to £64,000. […]

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