The race to raise first-year associate salaries has opened a chasm in Boston between firms matching New York’s top rate of $160,000 and firms offering a $145,000 starting salary.
Several firms jumped from $135,000 to $160,000 in Boston this year, including Fish & Richardson and New York-headquartered Proskauer Rose. Two other New York firms, Skadden, Arps, Slate, Meagher & Flom, and Weil, Gotshal & Manges, boosted first-year Boston rates from $145,000 to $160,000.
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