Montgomery, McCracken, Walker & Rhoads will raise the starting salary for first-year associates to $125,000, citing the "need to stay competitive for the best and the brightest," says Chairman Stephen Madva. Montgomery McCracken says it's in a growth mode and that its merger with Crawford Wilson & Ryan at the end of May would probably not be the last. The 170-lawyer firm is looking to grow to "comfortably over 200 attorneys," Madva has said.
July 28, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Montgomery, McCracken, Walker & Rhoads will raise the starting salary for first-year associates to $125,000 effective Sept. 1.
Chairman Stephen A. Madva said September is the usual time for the firm to evaluate its compensation structure, and “we need to stay competitive for the best and the brightest.”
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