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Allen & Overy, Linklaters boost newly qualified lawyer pay to £125,000

Magic Circle firms Allen & Overy and Linklaters match rivals Freshfields and Clifford Chance with junior pay hike

The City has been in a fierce war for legal talent since the pandemic
The City has been in a fierce war for legal talent since the pandemic Photo: Getty Images

Allen & Overy and Linklaters have upped pay for their newly qualified lawyers to £125,000.

The move by the Magic Circle law firms brings them in line with rivals Clifford Chance and Freshfields Bruckhaus Deringer, which both increased NQ pay to £125,000 in 2022.

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