For the hopeful Class of 1999, 1998 was an aberration - most first-year associates in Texas won't be receiving a raise over the typical $90,100 starting salary. A survey of Texas' 25 largest firms also reveals that the number of associates in the 1999 first-year class, while larger than last year's, does not represent as significant a jump as the 1998 class did. James Maloney, whose firm co-led the salary charge last year, says, "I think you're going to see slow growth, not explosive growth."
September 13, 1999 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Unfortunately for the hopeful Class of 1999, 1998 was an aberration – most first-year associates won’t be receiving a raise over the typical $90,100 starting salary the new kids got last year.
A survey of 25 of the largest firms in Texas also reveals that the number of associates in the 1999 first-year class, while larger than last year’s, does not represent as significant a jump as the 1998 class did.
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