Third-year associates working at the 200 largest law firms take home median pay of $200,000, but a lot of them need the cash to help pay off large student loans.
A slowing international mergers and acquisitions market is expected to trim the phenomenal profits recently being made by major London-based law firms.
Once upon a time, U.S.-based corporations routinely hired American law firms to do virtually all of their legal work. But today, using cheap foreign lawyers—or even American lawyers in lower-paid…
Impressive profits for the 2007 fiscal year have been announced by one of the world’s largest law firms, Chicago-based Baker & McKenzie. Its gross was $1.83 billion, up from $1.52…
Competition for graduates of the nation’s biggest and best-known law schools has driven starting salaries at some major firms well over $150,000 and prompted whispers of a once-unthinkable $200,000 at…
Atlanta’s King & Spalding matched Alston & Bird when it announced it will pay salaries of $145,000 to new associates, a $15,000 increase. But it sidestepped controversy when it left…
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