More California-based firms are opting for a segmented associate salary scale, hiking pay to $160,000 in New York offices but implementing a $145,000 scale on the West Coast. But a move from another large firm could be enough to force firms that have raised to less than $160,000 to go the rest of the way, says recruiter Avis Caravello. "Let's say Latham goes to 160 -- there's no way O'Melveny or Gibson will stand by and let it happen," she says. "All you need is for one big California firm to do it."
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Most Calif. Firms Still Not Matching N.Y. Associates' Pay
The Recorder
January 31, 2007
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