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70 Percent of Biglaw Firms Not on Board With $190K for First-Year Associates

By on May 24, 2019 in Employment, Law Firm Management

Banking - investing - money - advisorsA few Biglaw firms raised starting salaries for first-year associates to $190,000 last June, but a study by the National Association for Law Placement reveals that most firms held to a more modest course on starting salaries in 2018.

Above the Law reports on the NALP study, which found that only 29.3 percent of reported first-year associate salaries hit the $190,000 mark. Smaller firms and firms with head counts between 501 and 700 didn’t budge and reported flat associate salary growth in 2018, writes Above the Law senior editor Kathryn Rubino.

Most of the top first-year salaries were at firms in the major markets.

Read the Above the Law article.

 

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