O'Melveny & Myers and Paul, Hastings, Janofsky & Walker are lifting associate salaries to match Gibson, Dunn & Crutcher, raising first-year base pay to $135,000. Other California-based firms reacted with interest to the news Tuesday. "It's the law of supply and demand: If the market goes up, we go up," said Joseph Coyne Jr., a member of Sheppard, Mullin, Richter & Hampton's executive committee, who indicated his firm would likely match.
January 11, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
O’Melveny & Myers and Paul, Hastings, Janofsky & Walker are lifting associate salaries to match Gibson, Dunn & Crutcher, raising first-year base pay to $135,000.
“We’re committed to paying top-tier compensation in all of our markets,” said Greg Nitzkowski, Paul Hastings’ managing partner. “It’s clear that the market is moving up.”
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