Recent spurts in starting salaries at New York and Silicon Valley firms are forcing some New Jersey firms to consider recalibrating their first-year associates' paychecks. Porzio, Bromberg & Newman and Roseland's Lowenstein Sandler have increased salaries. McCarter & English in Newark, are still monitoring the increases.
February 15, 2000 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Recent spurts in starting salaries at New York and Silicon Valley firms are forcing some New Jersey firms to consider recalibrating their first-year associates’ paychecks
A few firms — like Morristown’s Porzio, Bromberg & Newman and Roseland’s Lowenstein Sandler — had decided to significantly increase salaries even before the news that newly minted lawyers at the New York office of one San Francisco firm could earn as much as $160,000 a year.
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