New lawyers in private practice in Dallas, Houston and Atlanta earn lower median salaries but enjoy more buying power than associates in New York, Boston, Los Angeles, Washington and San Francisco, according to the National Association for Law Placement.
For the first time, NALP has released to the public its buying power index, a chart that compares the buying power afforded by the median starting salaries reported by new attorneys in 70 cities. The index reveals how far the median starting salaries go in different locations due to differences in costs of living, and provides a way for people to do a head-to-head comparison between cities.
