Paul Hastings raises first-year pay to $160,000

Paul, Hastings, Janofsky & Walker has upped the ante. The firm told its Atlanta associates that it will raise compensation considerably above current market rates. First-year associates will be paid $160,000, effective Feb. 1, the start of the firm's fiscal year. That is a $15,000 increase over the $145,000 that most big Atlanta firms started paying their first-years on Jan. 1. Big firm associate pay has skyrocketed in Atlanta over the past two years -- from a starting salary of $100,000 at the end of 2005 to $115,000 in 2006 and then, after two raises in 2007, to $145,000.

Paul Hastings raises first-year pay to $160,000 lawjobs.com Thu, Feb 7, 2008