Bank threat adds urgency to US firms' associate salary war

Binham, Caroline
January 2007
Lawyer;1/29/2007, Vol. 21 Issue 4, p112
Trade Publication
The article discusses the impact of bank threat on the urgency of salary war for associates of law firms in the U.S. It is stated that the generous salary hike came in response to a series of raises by major firms. One example is the £81,000 salary offered by Clifford Chance to its newly qualified associates. After such announcement, more companies are expected to do the same.


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