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US Briefing: West Coast salaries hold steady
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 12, 2007 at 07:18 AM
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The original version of this story was published on Legalweek
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