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Fox Rothschild Wants No Part in Pay Raises, Other Philly Firms Bump up Pay |
Fox Rothschild is saying "no" to first-year salary raises, keeping its starting salary at $125,000. The firm felt that raising salaries would be a disservice to its clients, partners, and ultimately its associates too, who would be working more to earn a higher salary. Other Philadelphia firms feel differently, however, and have announced pay raises - some retroactive to January and others effective in September. Pepper Hamilton, Dechert, Morgan Lewis, and Drinker Biddle & Reath have all bumped starting salaries to $145,000. Other firms such as Saul Ewing, DLA Piper, and Blank Rome increased pay in Philly to $135,000.
Source: www.law.com
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