Linklaters matches new market salaries in New York

June 23, 2016 Linklaters has followed the lead of market-setter Cravath Swaine & Moore, matching the pay raise announced several weeks ago that will see first year associates in the Big Apple taking home $180,000 annually.

Following the announcement from Cravath, several firms followed suit, raising their salaries to the same level, including Clifford Chance, Allen & Overy and Freshfields Bruckhaus Deringer.

The pay raise has not been extended to newly qualified solicitors in London however, whose pay in the range of £91,000 falls short of their New York counterparts, earning an equivalent near £124,000.

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