While $180,000 for a first year associate may seem crazy for our market in Sacramento, it’s a bold move for Kasowitz, Benson, Torres & Friedman who just joined Cravath in raising first year associate salaries. Starting July 1, first year associates joining the New York office of each firm will make legal compensation history. So where will it go from here? And how does this impact our market in Sacramento? Weintraub Tobin Law Corporation announced in April that it will start first year associates at $125,000. So far, most area firms are not stepping up to the plate to match them. In a time when finding top notch talent proves to be a challenge, I think more firms should to stay competitive.
If you are an attorney on the move, or a firm that needs help finding that much needed top notch talent, call Leslie today to see how she can help you.
To read the full articles about Kasowitz and Cravath, please click the links below: