Lowenstein Sandler broke from the pack of New Jersey's home-grown firms Thursday and announced it would pay first-year associates $140,000 next year, a $15,000 increase. The hike will catapult the 250-lawyer firm beyond Flaster Greenberg, whose $130,000 first-year pay is highest among local New Jersey firms. Lowenstein Sandler's announcement could exert pressure for pay raises at the other New Jersey firms that are pegged at the $125,000 level: Sills Cummis Epstein & Gross, Gibbons and McCarter & English.
June 18, 2007 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
Lowenstein Sandler broke from the pack of New Jersey’s home-grown firms Thursday and announced it would pay first-year associates $140,000 next year, a $15,000 increase.
The 250-lawyer Roseland, N.J., firm also said salaries for some first-year associates in its New York office might be even higher, depending on practice area and performance.
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