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First-Year Pay Pushed Up 7 Percent, Spurred by Out-of-State Hikes
New Jersey's big firms bumped up their first-year associate salaries markedly this year to keep pace with - or at least within sight of - soaring increases by Philadelphia and New York firms.Simpson Thacher Salary Bombshell Reverberates in N.J.
Large law firms have begun to catch the wave of salary hikes that began in January when New York's Simpson Thacher & Bartlett raised first-year associate pay to $160,000. New Jersey's homegrown top 20 firms are taking a wait-and-see approach, with some boasting that they are not influenced by other firms' pay scales. "We are sensitive to the New York market," says Sills Cummis hiring partner R. Max Crane. "At the same time ... we've made a conscious decision not to go directly against the New York market."Old Rocking Chair Hasn't Got 'Em
As his retirement approached, Reginald Stanton thought he would take it easy after 28 years as a Superior Court judge. But at age 70, he'll still be holding court -- from behind a desk at Drinker Biddle Reath in Florham Park. Stanton starts work today as of counsel to the firm, where he expects to enter a lucrative practice area for former jurists: providing mediation and arbitration services to major companies.Alan Lowenstein, Firm Founder and Social Justice Pioneer, Dead at 93
Alan Lowenstein, founder of what would become one of New Jersey's largest law firms and a lifelong activist for social justice and government reform, died May 8 at his Maplewood home. He was 93.Cherry Hill Manor Associates v. Faugno et al,
In this legal malpractice action, where plaintiff's third attorney's alleged liability for failing to preserve plaintiff's claim against his second attorney arises out of the second attorney's alleged failure to preserve plaintiff's claim against its first attorney for that attorney's alleged failure to protect plaintiff's interest in a deposit paid on the purchase of a condominium complex, each successive attorney represented plaintiff to pursue essentially the same damages arising out of the original tTrending Stories
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