Simpson Thatcher & Bartlett announced Jan. 22 it was raising the salary for its New York-based first year associates to $160,000 from $145,000, setting off ...
December 01, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.com
Simpson Thatcher & Bartlett announced Jan. 22 it was raising the salary for its New York-based first year associates to $160,000 from $145,000, setting off a domino effect among other big law firms in major cities.
During the next seven days more than 41 additional firms matched the increase, and the following month several more firms caved in.
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