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Fox Rothschild Keeps Salaries Flat As Show of Asceticism for Clientele
At a time of upward-spiraling first-year associate salaries, at least one local firm sees practical wisdom in keeping one foot on the ground. Fox Rothschild announced that its starting salaries will stay at $125,000 this year, the same as in 2006, demonstrating to corporate clients its commitment to holding down costs.McCarter & English Sees Its Fees Cut Due to Conflict in Hospital Bankruptcy
For the second time this year, New Jersey's largest firm, McCarter & English, has been stricken by conflicts in representing a bankrupt hospital.McCarter & English Sees Its Fees Cut in Hospital Bankruptcy
For the second time this year, New Jersey's largest firm, McCarter & English, has been stricken by conflicts in representing a bankrupt hospital.New Jersey on National Curve in Women, Minority Hires
New Jersey's bellwether law firms are keeping pace with the national norm in hiring and retaining women and minority lawyers, a Law Journal survey shows. Women constitute 40.3 percent of associates in 20 large New Jersey firms. That figure is in sync with a study by the Equal Opportunity Employment Commission, which found that women comprised 40 percent of associates in the private sector nationwide in 2002. Partnership, however, remains a difficult goal to attain.Another Long, Dry New Jersey Summer
Clerkships at New Jersey's largest firms are in a four-year decline. Some firms have trimmed their summer programs, while others have axed them entirely. Why? Experts say the state's economy has some bearing, but the main reason for slimmer programs is that they no longer serve as a farm system for new talent. Some observers see a trend as firms apply money formerly spent on summer programs to lateral hiring instead.Trending Stories
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