Sullivan & Cromwell has increased associate base salaries by $20,000 across the board, with first-years now due to receive $145,000 a year before bonus.
The New York firm’s move, announced internally Thursday, tops a recent round of salary increases led by Los Angeles firms, where first-year base salaries rose to $135,000 from $125,000. Other large firms around the nation, most of which have targeted New York for expansion, will now have to decide whether they can keep pace.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
