Law firm news by topic » Compensation

Large firms underutilize senior lawyers

Oct 2, 2012 This article points out that high-performing junior lawyers are never short of interesting and challenging work, but once they make it to the senior partner rank they will languish without an independent client base.…

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Starting salaries at large US law firms stagnate

Sep 23, 2012 A new report from NALP shows that associate starting salaries have grown stagnant in New York and across the US, according to this article at AboveTheLaw. The hallowed $160K salary for first-year lawyers is becoming…

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Ex-Howrey lawyers prepare for clawback litigation

Sep 17, 2012 Around 60 former Howrey attorneys have banded together to defend themselves against litigation arising from the firm’s demise. The trustee running the defunct firm’s bankruptcy has said that he may sue former…

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US judicial salaries rise by 1% per annum

Jul 27, 2012 A new survey shows that judicial salaries in the US are increasing by a mere one per cent annually. The report, put together by the National Center for State Courts, looked at salary data between 2007 and 2012 in all US…

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US graduate salaries fall by 5%

Jul 16, 2012 According to a survey by the Association for Legal Career Professionals, salaries for new law graduates in the US fell by 5 per cent between 2010 and 2011, dropping from $63,000 to $60,000. And the median wage for…

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