First-year associate compensation has been a hot topic lately, as law firms continue to increase starting salaries in an effort to recruit high talent at their firms. Bloomberg Law’s State of Practice survey asked attorneys to estimate the starting salaries for first-year associates at their firms, as well as share their thoughts on first-year compensation.
The average starting salary for first-year associates, according to the best estimates of 287 law-firm lawyers nationwide, is $139,945.
Lawyers’ Views on Pay Adequacy for Associates
As a follow-up, respondents were asked whether they believed the first-year associates at their firm are being overcompensated, undercompensated, ...
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