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Large New York law firms are declining to increase year-end associate bonuses, reflecting what managing partners say is a desire to rein in young lawyers' compensation, and marking a shift from 2000, when firms were engaged in a pitched battle to recruit lawyers tempted by Silicon Valley paydays. The managing partner of a major firm says the end of "all that West Coast, dot-com craziness" has given New York firms an opportunity to curtail past excesses.
December 31, 2003 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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