New Jersey firms bumped up first-year associate salaries this year to an average of $106,410. The fact that salaries, which had been increasing only modestly since the late 1990s, are entering a boom phase means law firms are busy and need to staff up. And while they can't match New York or Philadelphia salaries, Kirkpatrick & Lockhart Nicholson Graham's William Hyatt Jr. says New Jersey has an edge in other respects: "the number of hours expected from associates, the camaraderie, the quality of life."
May 09, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
New Jersey’s big firms bumped up their first-year associate salaries markedly this year to keep pace with — or at least within sight of — soaring increases by Philadelphia and New York firms.
Entry-level compensation, including signing bonuses, averaged $106,410 this year, up 7.2 percent from $99,302 last year, according to a New Jersey Law Journal survey.
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