Just like the stock market, there seems to be no limit on the going rate for first-year associates.
And just as few anticipated the Dow would ever break 10,000, most D.C. managing partners never expected to be paying starting salaries in the six figures. Well, it’s happened. This year, the magic number is $100,000 – up $8,000 from the upper target that big D.C. firms paid their new lawyers last year.
This content has been archived.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]