Sometimes You Get What You Pay For…Sometimes Not
Twenty-two of the nation’s top general counsel characterized the current $160,000 starting salaries for law firm associates as “outrageous.” The 22 general counsel represent well over half of the 38 general counsel from the 200 largest U.S. law departments who responded to the Altman Weil flash survey on increases in associate salaries conducted in April 2007. This reaction comes at a time when general counsel are under increasing pressure by their corporations to better manage their legal costs while providing the best legal services available.
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