N.J.Salaries Near Flat as Firms Pick Up N.Y. Laterals

N.J. Salaries Near Flat as Firms Pick Up N.Y. Laterals

New Jersey firms that raised starting salaries to keep pace with New York no longer have to do so, as recession-battered New York firms are providing a runoff of trained lawyers ready to be scooped up. Perhaps that's why starting salaries at New Jersey's largest firms stayed flat from 2002 to 2003. The glut has even led one major firm to cancel this year's summer program -- laterals will be its next hires.

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