Freshfields Bruckhaus Deringer has completed its overhaul of associate remuneration, with the firm set to align junior lawyer salaries with its new four-stage 'milestone' framework as of next year. From May 2012, the magic circle firm's associates will no longer be paid based on post-qualification experience, but will instead see their pay based on the firm's new merit-based associate development system which was formally launched earlier this year.
September 26, 2011 at 07:11 AM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer has completed its overhaul of associate remuneration, with the firm set to align junior lawyer salaries with its new four-stage ‘milestone’ framework as of next year.
From May 2012, the magic circle firm’s associates will no longer be paid based on post-qualification experience, but will instead see their pay based on the firm’s new merit-based associate development system which was formally launched earlier this year.
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