Having regained their footing after navigating the depths of the pandemic, law firms are facing a growing talent war that threatens to upend the legal industry’s newfound momentum. But the 2022 Report on the State of the Legal Market, issued in January by the Center on Ethics and the Legal Profession at Georgetown Law and Thomson Reuters Institute, warns: “The traditional law … [Read more...] about Law firms can’t just keep throwing money at growing talent war: 2022 report on the state of the legal market
Salaries
Associate salaries rise in some markets, but national median remains unchanged
The National Association for Law Placement (NALP) has released its 2017 Associate Salary Survey report, showing that the overall median first-year salary as of January 1, 2017, was $135,000, the same as in 2015, the year of the most recent previous survey—with both survey years reflecting response pools in which offices in firms of 251+ lawyers accounted for about 70 percent of … [Read more...] about Associate salaries rise in some markets, but national median remains unchanged