X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
As Shaw, Pittman, Potts & Trowbridge turn D.C. associates into the latest tribe to achieve the $125,000-a-year salary benchmark, we can’t help but be reminded of a comment posted recently on an associate chat board: “A fact that’s being overlooked here is the money firms save on attrition costs by upping salaries…All we have is a simple transfer from funds allocated for turnover to associates who stay.” A New York recruiter, Jonathan Lindsey, not surprisingly, disputes the notion that turnover will disappear. “There’s usually no free lunch in life,” he says. “As the associates think more about what they really want to do, they’ll realize they won’t want to be at the same firm they joined when they were 24.”

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

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]

 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.