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Associate Salary War Moves to Midwest
Pressure from the coasts, along with a diminishing supply of graduates and busier offices, has middle-America firms raising starting pay.Associate Salary War Moves to Midwest
The associate salary war has spread from the coasts to the middle of the United States, with law firms boosting starting pay to stay competitive in a market where demand is mounting and the supply of top-notch first-years is waning. Though Midwest law firms aren't matching the $135,000-plus salaries of the big firms on the East and West coasts, some, such as Denver-based Holme Roberts & Owen, are raising salaries by 17 percent, to $105,000, to stay competitive with national firms with local outposts.Demise of Dewey eclipses deaths of smaller firms
As the largest law firm failure in U.S. history, the death of Dewey & LeBoeuf has naturally commanded much of the industry's attention this year.The Churn: Lateral Moves in The Am Law 200
Alston & Bird adds four partners to its capital markets department on the East Coast; the vice-chair of Greenberg Traurig's pharmaceutical, medical device, and health care litigation practice has left for Jones Day; and Locke Lord expands its Hong Kong office with five new attorneys. The Churn is constant. Please send all announcements to [email protected].Transportation Company GC Helps Manage Another Worldwide Web
YRC Worldwide Inc., previously Yellow Roadway Corp., transformed itself from an ailing trucking company to a $9.9 billion, Fortune 500 leader in nationwide less-than-truckload transportation, managing supply chains from Shanghai to St. Louis. When GC Daniel J. Churay first got on board, the company had 722 law firms working for it. Now, it has 11 "relationship firms" and has dropped outside spending by $6 million a year.Trending Stories
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