In 1951, fresh out of law school, I was paid an annual salary of $5,000. That was the high end of the earning curve for beginners. It was one of the many reasons why I thought that clerking for a judge was the best job I’d ever had.

Indeed, when I finished my clerkship and entered the private practice of law, my new employers were not eager to match that lofty salary. They finally agreed, but it required them to raise the compensation of the other associate — and even the junior partner.

This content has been archived.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

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]