Magic circle to give pay rises in US

London’s top law firms are set to match the latest round of US pay hikes for their US law teams, as the reverberation from the current round of associate pay rises continues to be felt.

Allen & Overy (A&O), Linklaters, Clifford Chance and Freshfields Bruckhaus Deringer have all indicated that they are near certain to match the new benchmark rate for associates in the US after the latest round of pay rises.

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