Compared with major metropolitan areas, Connecticut is typically slow to embrace trends whether they involve fashion or law firm management. It’s no different with the latest round of first-year associate wage hikes, which started in New York a few weeks ago and now are causing panic among law firm leaders across the country.
Privately, Connecticut-anchored law firms may curse the decision by Simpson Thacher & Bartlett and other top-tier New York firms to raise their entry-level annual salaries, yet again, to $160,000. But publicly, their attitude, for the most part, is: Why rush to act?
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