Credit: TSUNG-LIN WU/Adobe Stock Host of UK Firms Bolster Pay for US Associates in Bid to Match Rivals
Salary and bonus increases kicked off by Milbank and Cravath have caused UK firms to offer the same, meaning junior associates in the US earn almost a third more than in the UK.
December 14, 2023 at 10:02 AM
2 minute read
Lawyer Compensation - General
A host of U.K.-based firms, including Freshfields Bruckhaus Deringer, Clifford Chance, Herbert Smith Freehills and Allen & Overy have all matched U.S. associate increases in both salary and bonuses, following Milbank's associate raises last month.
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