In the wake of a flurry of first-year salary hikes, two more national firms recently announced pay raises in their Hartford, Conn., branch offices. Their compensation philosophies are starkly different, however.
Dechert increased its Hartford starting salaries in mid-February to $145,000 to match those in Philadelphia, San Francisco, Newport Beach, Calif., and Washington, D.C. The firm increased New York pay to $160,000 and also announced pay increases to $150,000 in the Austin, Texas, and Palo Alto, Calif., offices.
