For everyone but the newly wealthy associates, the question is: How are the biggest law firms going to pay for their latest round of associate salary raises?
While clients expect that they’ll be footing most of the bill, several Am Law 100 firms say they won’t be tying rate hikes or hours expectations to the raises, which saw first-year pay in California jump twice in recent months — first to $145,000 and now to $160,000 at some of the largest firms.
This content has been archived.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]