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Salaries for all lawyers and support staff globally will be frozen at current levels for the next financial year, which ends April 2010, TimesOnline reports.
Newly qualified solicitors will get pay cuts of around £7,000 ($14,500), down to £59,000, under the Clifford Chance crunch. Rivals Allens & Overy and Freshfields Bruckhaus Deringer have made similar moves in recent months, as have a host of smaller UK firms.