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After months of consideration, Philadelphia-based Drinker Biddle & Reath has decided to change its salary and bonus structure for first-year associates in an attempt to match the $125,000 starting salaries of Dechert and Morgan, Lewis & Bockius. The increase -- a belated response to the Dechert and Morgan Lewis pay hikes of September 2001 -- won't take effect until this September. Other area firms are responding with raises of their own, or relative silence on the subject.
February 18, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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