Morrison & Foerster has raised first-year salaries back to $160,000 after a few months of experimenting with the market. The firm had lowered starting salaries outside of New York and Asia to $145,000 in October. Chairman Keith Wetmore said at the time that the market for first-year salaries among national firms was "undetermined." Big-firm starting associate salaries have scattered across the board since the recession ended a salary war that had raised starting pay to $160,000 nearly everywhere.
February 19, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Morrison & Foerster has raised first-year salaries back to $160,000 after a few months of experimenting with the market.
MoFo had lowered starting salaries outside of New York and Asia to $145,000 in October. Chairman Keith Wetmore said at the time that the market for first-year salaries among national firms was “undetermined.”
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