The associate salary wars continue, with Latham & Watkins on Friday hiking starting salaries up to $145,000. Law firms are observing what moves other firms make and calculating rising to the challenge to prove they have muscle in the "market," which firms define as a confluence of practice, city and competitor pay. As major firms that haven't moved are becoming more conspicuous, Dickstein Shapiro's chairman says he's confident the firm will change its starting number to $145,000 and make it retroactive.
February 06, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The early days of the associate-salary war resembled the frenetic call-and-response often found at a concert.
And so, too, did the heavy rhythm and drumming coming from Washington, D.C., firms wanting to be seen and heard rising to a challenge to prove they have muscle in the market.
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