Four firms in Wilmington, Delaware have recently increased their first-year associate salary. Morris Nichols Arsht & Tunnell and Potter Anderson & Corroon increased starting salaries across-the-board; first-year associates now make $145,000, up from $135,000. Richards Layton & Finger and Young Conaway Stargatt & Taylor matched the $145,000 first-year salary, in addition to raising pay for all other full-time associates by $10,000. Potter Anderson also implemented at $10,000 raise for all assoicates; Morris Nichols’ pay increases were slightly more than $10,000 for more senior associates. The last time that salaries have increased in Wilmington was in April or 2006.
Source: www.nylawyer.com