While an official decision hasn't been made, Duane Morris Chairman Sheldon Bonovitz says an increase in associate salaries in January is "likely." The firm bumped up first-year associate pay to $135,000 this year, and Bonovitz says that could go to $145,000 in January when the firm makes annual salary adjustments. "We're going to be competitive in the marketplace," he says. A going rate of $145,000 is toward the higher end of the Philadelphia market as of this month, when several firms move to that mark.
September 10, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
While an official decision hasn’t been made, Duane Morris Chairman Sheldon Bonovitz said an increase in associate salaries in January is “likely.”
The firm bumped up first-year associate pay to $135,000 this year, and Bonovitz said that could go to $145,000 in January when the firm makes its annual salary adjustments.
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