Pay

Both firms anticipate salary reviews in due course

Belt-tightening measures across the City continue

Follows moves made by Slaughters and A&O

COVID-19 response measure follows Slaughter and May salary decrease

Exclusive: Second year rookies to remain on first year salaries

Freshfields freeze; fellow big payer HSF also declines to cut

‘Targeted redundancy process’ will impact ‘small number’ of associates and staff, global outfit says

City firm takes ‘unfortunate but prudent decision’ to mitigate COVID-19 financial impact

COVID-19: Move comes just weeks after magic circle player suspended partner distributions

Doesn’t apply to trainees

As Reed Smith introduces unpaid leave scheme

HSF, Freshfields and A&O among outfits to introduce belt-tightening measures

But over half too scared to ask for pay rise

£22,541 in London and £19,992 elsewhere

Rookies in regions hit hardest