A growing number of US managing partners and consultants say recent cuts to associate pay will remain a feature of the market in 2010, writes the Am Law Daily. Some are even predicting more significant reductions in starting salaries in the year ahead, and UK lawyers will be watching developments closely, as the US market often has a knock-on impact on City pay rates.
December 11, 2009 at 08:00 AM
1 minute read
The original version of this story was published on Legalweek
A growing number of US managing partners and consultants say recent cuts to associate pay will remain a feature of the market in 2010, writes the Am Law Daily.
Some are even predicting more significant reductions in starting salaries in the year ahead, and UK lawyers will be watching developments closely, as the US market often has a knock-on impact on City pay rates.
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