Allen & Overy has overhauled its pay bands for junior lawyers, with the London giant restarting its associate track and arranging modest raises in its underlying salary bands.
The pay increases, which went into effect Saturday, will see the firm’s salaries range from a newly-qualified (NQ) rate of £61,000 (about $93,000) to £74,000 (about $113,000) for solicitors with two years’ post-qualification experience (PQE).
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