Hudson_riverAllen & Overy (A&O) has boosted the salaries of its US associates to match the increase announced by Cravath Swaine & Moore earlier this month.

A&O first-year US associates (the equivalent of newly qualified (NQ) lawyers in the UK) will now receive $180,000 (£124,000) a year, matching the increase by Cravath and boosting the current salary level by $20,000 (£14,000).