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Law Practice

Sep. 22, 2012

Median first-year associate salaries dip to $145,000

The national median salary for first-year associates at law firms with more than 700 lawyers sank to $145,000 in 2012 for the first time since 2007, according to a report released Thursday by the National Association for Law Placement Inc.

By Laura Hautala
Daily Journal Staff Writer

The national median salary for first-year associates at law firms with more than 700 lawyers sank to $145,000 in 2012 for the first time since 2007, according to a report released Thursday by the National Association for Law Placement Inc.

The median salary had risen to $160,000 between 2008 and 2011 for first-year associates at those firms. In 2009, more than two-thirds of new associates at large firms brought in sal...

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