New Jersey's biggest firms hired more novice lawyers this year than last, and entry-level compensation, with bonuses, rose to an average of $98,200. Legal staff recruiters and managing partners say the economy is experiencing a nice bounce back from the post-Sept. 11 hiring slump. And lateral hiring is still the tool of choice for firms seeking to bulk up on productive practice areas.
October 31, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
New Jersey’s biggest firms hired more novice lawyers this year than last, and entry-level compensation rose modestly.
Starting compensation, including bonuses, for first-year associates went up an average of 2.75 percent at 17 firms, to $98,200 in 2005 from $95,570 last year, according to a Law Journal survey.
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