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There are really just two kinds of law firms these days: Those that pay their associates at “market,” and those that don’t get anywhere near it.

Duval & Stachenfeld is doing both. The 50-lawyer firm, based in New York but with a small L.A. office, starts first-year associates at $60,000 — or $100,000 below the starting salary at many Am Law 100 firms.

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