Who’s kidding whom on associate salaries?

The news has been the talk of the legal world: average first-year associate pay at the mega-firms has exploded to more than $160,000. Some commentators say this opens up tremendous opportunity for smaller firms with a more “rational” pay structure. General counsel at company after company declare that they will not pay for such outrageous salaries when ...

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Who’s kidding whom on associate salaries?

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