Blank Rome announced yesterday that it would increase first-year salaries in New York, Washington, D.C., and Philadelphia. Starting pay in Philly will now be $135,000; in D.C. it will be $145,000; and in NY it will be $150,000. The same day D.L.A. Piper also made the move pushing Philadelphia salaries to $135,000, NY to $160,000, and D.C. and Chicago to $145,000. Other firms have not confirmed plans to match the increases but will be wathcing the market closely now that the first Philadelphia firm has raised salaries.
Source: www.law.com