Updated: Keeping up with the US – Freshfields and Clifford Chance match Cravath associate pay rates Legal Business9 June 2016Law firm managementSalaries In a bid to compete with its US rivals, Freshfields Bruckhaus Deringer and Clifford Chance have followed in the footsteps of Cravath, Swaine & Moore, matching the salaries of its US-based associates, bringing pay to $180,000.Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Corporate users - click here for simple access (no password needed). For more information, please contact jasmine.glass@legalbusiness.co.uk Related ContentA&O Shearman and Freshfields both make up nine London lawyers in latest partnership roundsTop UK firms ramp up New York M&A hiring with fivefold increase in three yearsKirkland and Freshfields hit $100bn for Q1 M&A as tariffs derail new year optimism‘How hard are you prepared to work?’ – partners who’ve made it on how they built a book of business‘We don’t have a large ship to turn around’ – Eversheds Sutherland co-CEOs to canvas partners on strategy plansNRF to incentivise cross-border work with formalised global management committee‘After Lehman collapsed, salaries still went up’: Magic Circle NQ pay rises as market coolsTime for a reality check on salaries‘US firms have more buying power’ – Allen & Overy tight-lipped as partnership ushers in lockstep reform