CT Firms Consider Salary Raises

As first-year salaries around the country rise like thermometers in August, some local firms are still holding their ground. Several firms in Connecticut have resisted raising salaries, at least not to the heights of their neighbor, New York. Wiggin & Dana, for example, will not make changes, if any, unti mid-year like normal. Finn, Dixon & Herling in Stamford did raise its starting pay, but only to $136,000. The branch offices of some large national firms like Bingham McCutchen have followed the salary increase trend, however, creating a pressure on local firms to follow suit in order to remain competitive.
Source: www.nylawyer.com