Give And Take: How Salary Wars May Actually Have Hurt Associates | BCGSearch.com

Need Help? Call 800-298-6440

Give And Take: How Salary Wars May Actually Have Hurt Associates

While associates may earn more and work less than ever before, they may encounter the resentment of partners who are stuck paying premium salaries in hard economic times. Falling on the heels of a boom market, this recession has left many firms struggling to maintain salary levels that were established when the demand for associates was exceptionally high. It is key for firms to move beyond these issues, and resolve turmoil in order to maintain healthy work relationships. We examine these problems in depth, and reveal how to cope with newly unbalanced supply and demand levels.
Related Articles

Salary Wars and Associate Hiring

As a recruiting firm, we talk to both partners and associates at firms in every major legal marketplace on a daily basis. These conversations often concern why a lawyer is dissatisfied with his/her cu...


The Perpetual Salary Wars

The results of a salary war are something with deep sociopolitical significance. These salary wars throw off results and meaning for years after they start....


Salary Wars in Light of the Recession: Bridging the Associate / Partner Divide

This article will explore the division between partners and associates from three angles....


Law Firm Associates: Luxury on the Lateral Market

Just as the salary wars seemed to be winding down in New York, a new wave of associate compensation increases has struck the West Coast and Washington, DC. Nearly five months after Simpson Thacher ra...


Salary Wars Pick Up Pace, With Gibson's First-Years at $135,000

LOS ANGELES - The associate salary wars got off to a slow start this year, but now they are officially under way....


Top Ways for Law Firms to Increase Associate Satisfaction and Increase Associate Retention: What Law Firm Associates Really Want from Their Jobs

Summary: The increasingly complex and competitive legal marketplace has forever altered the expectations of both law firms and associates. Here’s how to stay competitive....


Perks vs. Work: Do Wine Tastings and Weekend Retreats Sell Summer Associates on Law-Firm Life?

LOS ANGELES - Between their second and third years at law school, many top-tier students enjoy a summerlong shower of freebies, including trips to wineries in the Santa Ynez Valley, dinners at posh re...


Top 10 Ways Attorneys Can Move to a Better Law Firm and Get a Better Attorney Job

If I was to call any attorney in Los Angeles practicing at a "lesser firm" and tell them Gibson, Dunn & Crutcher was interested in interviewing them, most of these attorneys, regardless of their frien...


10 Biggest Career Mistakes Big Law Firm Attorneys Make (and 10 Ways to Survive in a Big Firm)

Summary: Avoid these common mistakes made by many attorneys and you can stay in big law. Getting and keeping a job with a large law firm is extremely competitive. For the majority of attorneys, ent...


How to Hire a Legal Recruiter for Your Law Firm: How Law Firms Recruit Attorneys Using Legal Recruiters

This article discusses many of the questions most often raised by law firms about their search firm relationships. There are very few "right" or "absolute" answers to questions about search firm relat...


 

  
[Top]


Click here to read about the benefits of being part of the BCG Attorney Search Family


Search Jobs

Locations:

Minimum Years of Experience:

Primary Area of Practice:

Firm Type:

Keyword:

 Partner Level Job(s):

Search Now