year salaries to $170,000. This was a $15,000 bump from the $145,000 first-year base salary set by Sullivan & Cromwell in 2007, which was followed by other
It was reported that the Simpson Thatcher firm was very busy and expected the high
level of activity to continue. The firm wanted to remain competitive, and retain good people and attract more from law schools. There was the opinion that attorneys were not only sought by other law firms, but also business entities such as private equity firms and hedge funds.
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