Associate salary update

September 9th, 2011 by Altman Weil

NALP (the National Association for Law Placement) has issued its annual report on associate salaries.  The NALP study provides a broad look at firms of all sizes around the US, and provides a good complement to the ALM Midlevel Associate Survey data we noted earlier this week.  Some of NALP’s findings include:

  • Associate salaries were largely flat in 2011 compared with 2010, with the $160,000 salary for first-year associates still prevailing at large firms in a number of markets, including Chicago, Los Angeles, New York, and Washington, DC.
  • In other markets, such as Boston and San Francisco, the median remained at $145,000, after reaching $160,000 in 2009 and then falling back to $145,000 in 2010.
  • The overall median first-year salary was $115,000, unchanged from 2010.
  • Medians ranged from $73,000 in firms of 2-25 lawyers to $120,000 in firms of 501-700 lawyers, and $160,000 in firms of more than 700 lawyers.

Read it at NALP

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