California Law Firms Are Raising Salaries
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Several California corporate law firms are raising pay for their salaried lawyers for the first time since 2000, putting pressure on New York competitors.
At Paul, Hastings, Janofsky & Walker, base pay for first-year salaried lawyers, called associates, will rise to $135,000 from $125,000 in California and Washington, D.C., the firm told its associates in a memo Tuesday.
The raises solidify California’s reputation as the pacesetter for first-year associates’ pay.
Top New York firms are still paying first-year associates $125,000.
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