Lawyers Weekly - legal news for Australian lawyers

Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
SME Law

Clifford Chance imposes pay freeze

FREEHILLS is now in good company, joined yesterday by Clifford Chance as being in the league of big firms with pay freezes.

April 01, 2009 By The New Lawyer
expand image

The UK magic circle firm is the latest to impose a freeze in response to the global economic downturn. 

 

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. 

 

 

 

 

 

 

 

 

You need to be a member to post comments. Become a member today
Got a tip for us?
If you have any news tips or stories to share, feel free to send them our way.
lawyersweekly jobs image
lawyersweekly jobs
Discover the latest legal jobs
Find Australian legal jobs, employment & career opportunities
Momentum Media Logo
Most Innovative Company