Magic Circle Firm Gives Raises A Chance For U.S. Associates

Abracadabra! It's more money!

This top firm isn’t pulling a rabbit out of a hat for associates today. Instead, the big reveal on this magic trick is more money. Top-rated Magic Circle firm Clifford Chance — the No. 2 firm on the 2020 UK Top 100 and the No. 8 firm on the 2020 Global 200 — is wowing U.S. with a brand new Davis Polk salary match.

Here’s what salaries for U.S. associates at Clifford Chance will look like as of July 1:

  • 2021: $205,000
  • 2020: $205,000
  • 2019: $215,000
  • 2018: $240,000
  • 2017: $275,000
  • 2016: $305,000
  • 2015: $330,000
  • 2014: $350,000
  • 2013: $365,000

Summer associates at the firm will also see their salaries increased to an eye-popping $8,541.67 on a semi-monthly basis. Oh, what it must be like to be a law student making this kind of money.

Congratulations to everyone at Clifford Chance!

(Flip to the next page to see the full memo from Clifford Chance.)

We depend on your tips to stay on top of this stuff. So when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Matches”). Please include the memo if available. You can take a photo of the memo and send it via text or email if you don’t want to forward the original PDF or Word file.

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Staci ZaretskyStaci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.

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