New Jersey's big firms are hiring larger classes of new associates and boosting first-year salaries by more than 10 percent. Salaries this fall will range from $95,000 to $130,000, and hires are up 19 percent from last year. New Jersey firms face competition from nearby New York firms, some of which boast a starting salary of $160,000. But Lowenstein Sandler managing partner Michael Rodburg tells laterals at New York firms that New Jersey firms have their employers beat on "lifestyle and opportunity bases."
May 15, 2007 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
New Jersey’s large firms are hiring larger classes of new associates and boosting first-year salaries by more than 10 percent, a New Jersey Law Journal survey finds.
Salaries this fall at a sampling of 21 firms will range from $95,000 to $130,000, and hires are up 19 percent, to 157 from 131 last year. The largest New Jersey-based firms will pay $120,000 to $125,000. [See chart.]
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