It's been five years since Am Law 200 firms decided to bump first-year associate salaries. Will the coming year be any different? "There is definitely a lot of conversation going on," says one consultant. Talk centers around upping base pay from $125,000 for first-year associates to $140,000 or $145,000. Firm leaders, however, remain reticent. One firm chairman says he lets the Wall Street firms take the lead in setting compensation for that market.
August 08, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
It’s been a long five years since Am Law 200 firms have decided to bump first-year associate salaries. So many are asking: Will the coming year be any different?
“Nobody’s broken out of the box, but there is definitely a lot of conversation going on,” says Blane Prescott, a consultant with Hildebrandt International.
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