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Two Cents Survey: Associate Pay Increases

As you are likely aware, law firms across the country have been been raising salaries for first year associates. In larger markets like Chicago, the starting pay is now $160,000 at many firms. What does this mean for in-house counsel hiring?

1)	Will associate pay raises make it more difficult to attract and retain top candidates for in-house legal positions?

2)	Do you think $160,000 is an appropriate salary for a first-year law firm associate?

Yes, completely appropriate

Much too high

Somewhat too high

Much too low

Somewhat too low