Freshfields to hike City pay rates
By Paul Hodkinson
October 24, 2005 at 08:03 PM
1 minute read
Freshfields Bruckhaus Deringer will raise its assistant salary bands from 1 November, taking it ahead of the rate paid by magic circle rival Allen & Overy (A&O), Legal Week can reveal.
The changes, announced internally today (25 October), take the firm to a level slightly above A&O, although the firm refused to disclose exact details.
It is believed that the move will raise salary bands by roughly 5%, with two-year qualified lawyers' salary up from £62,000 at present to around £65,000.
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