Thanks to the Clayton Utz spy who made the following comments:

a memo sent to Clutz grads

All graduates were told they would receive a salary increase of at least $5k p/a at the end of each of our 3 rotations (every 6 months). A detail conveniently not included in our employment contracts, but generally accepted and relied on by the graduates. For some reason our first rotation was extended from 6 months to 7 months and finally in March 2009, the Friday before we were due to start our second rotation and when we were eagerly expecting or anticipating our pay-rise, we were taken aside by someone from HR and told that the firm had decided to ‘hold’ grad salaries at their current rate because of market conditions - and that this was basically to avoid redundancies. This was actually prior to CU announcing the firm-wide salary-freeze.

If true, one wonders whether the grads are considering an action in estoppel against the Clayton Utz partners!

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