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Elite litigation firm Susman Godfrey has taken the lead in the associate salary race, topping the new market rate set by Cravath, Swaine & Moore by $5,000 at each pay level. The first-year base pay rate at Susman Godfrey moves to $195,000, which is $5,000 more than Cravath’s $190,000.

The firm’s partners approved the new salary scale on June 23 while attending a retreat in Seattle.

Susman Godfrey has taken the lead in the past in associate salaries and bonuses. Two years ago, when Cravath set a new market rate of $180,000 for first-year lawyers effective July 1, 2016, Susman Godfrey moved to $190,000. And the firm paid larger year-end bonuses as well.

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Brenda Sapino Jeffreys

Senior reporter Brenda Sapino Jeffreys covers the business of law in Texas. Contact her at [email protected] On Twitter: @BrendaSJeffreys

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