Allen & Overy has restarted its associate track and instituted modest raises in its underlying salary bands for young associates, which will now range from about $93,000 to $113,000. Like most London law firms, A&O last year effectively halted its associate lockstep and dropped salaries.
May 04, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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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