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: jurabilis - German bLAWg from Berlin.The American Lawyer Midlevel Associates Survey
Midlevel associates are generally regarded as the sweet spot in a law firm's financial structure--thus the near obsession with retaining them. In our annual midlevel survey, 7259 third-, fourth-, and fifth-year associates from 180 firms gave us a glimpse of their working lives.[Midlevel Survey]
Über Sinn und Unsinn dieser Surveys kann man sicher gut streiten. Was meint die Leserschaft?
Nachtrag (American Lawyer zur "Gehälterangleichung in der Provinz"):
Even though New York salaries were flat, the data shows healthy pay increases elsewhere, as non-New York medians caught up with those in New York--$185,000 for third-years, $210,000 for fourth-years, and $230,000 for fifth-years. For midlevels outside of New York, those are one-year increases of 9 percent, 11 percent, and 10 percent, respectively. Nationally, median bonuses increased 17 percent for third-years, 21 percent for fourth-years, and 14 percent for fifth-years. Still, bonuses made up less than a fifth of total midlevel compensation-15.4 percent in our 2008 survey, compared to 14.6 percent a year ago. (Our survey asked respondents for information about their 2007 bonuses, which typically are paid at year-end, and their 2008 salary.)
Full post as published by jurabilis - German bLAWg from Berlin. on August 06, 2008 (boomark / email).
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