Earlier this year, rumors were swirling that some New York firms would raise first-year salaries to $200,000. But with deal activity slowing down, associates at California's largest firms may have to hold tight at $160,000. The Recorder 's annual salary survey reveals most firms have adopted a lockstep scale for base compensation, but are showing some creativity when it comes to bonus structures. "That is what the big debate has been -- what is the best bonus system?" said O'Melveny's Luann Simmons.
October 08, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The party may be over for big-law associates.
Earlier this year, rumors were swirling that some elite New York firms were planning to raise the bar for first-year salaries to $200,000 by year’s end, but economic slowing is dampening the prospect. As law firms face a slowdown in deal activity, associates at California’s largest firms may have to hold tight at the $160,000 scale.
Presented by BigVoodoo
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
The premier educational and networking event for employee benefits brokers and agents.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...
Evergreen Trading is a media investment firm headquartered in NYC. We help brands achieve their goals by leveraging their unwanted assets to...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
