The waiting game to match or one-up the associate pay scale continues to drag out, with some law firms quietly telling associates they will match the market scale whenever it has been finalized—meaning when other leading Big Law firms make their moves. Other firms, meanwhile, are plotting their own course, exposing some fragmentation in the industry.
“This is a little bit unusual for how long the dust is in the air as opposed to settling,” acknowledged William Hartnett, chairman of the executive committee at Cahill Gordon & Reindel, in an interview.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]