Legal Business

Keeping up with the Joneses – will A&O’s pay overhaul keep top talent?

Sarah Downey looks at the £20k pay boost and whether the market will follow suit

Allen & Overy (A&O)’s decision to award lucrative associate salaries similar to some US firms in July, as part of a wider overhaul of how it rewards junior lawyers, has sparked renewed debate in the City about how best to retain top talent.