LONDON – Ashurst and Simmons & Simmons have joined Allen & Overy (A&O) and Freshfields Bruckhaus Deringer in freezing pay in a bid to stave off further job cuts.
Ashurst told staff earlier this week (9 March) that all non-partner lawyers and support staff will see pay held at 2008 levels. The firm abandoned associate lockstep about two years ago to focus on rewarding individual merit, but there will also be no increases this year.
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