Day Pitney of Florham Park New Jersey has announced that as of January 1st, first-year salaries will be raised by $15,000 to $135,000. Although this is a non-traditional move, Day Pitney representatives say that was a simple decision to make in order to stay competitive. Midyear salary hikes are part of a trend which includes fellow New Jersey firm Lerner, David, Littenberg, Krumholz & Mentlik. Industry experts claim that the recent flurry of pay hikes nation-wide has been draw top law school graduates away from corporate legal departments.
Source: www.law.com