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Economic Woes Spell End of Associate Pay Hikes

By Jacqueline Bell (May 1, 2008, 12:00 AM EDT) -- Over the past few years, salaries for first-year associates at the country's top law firms have skyrocketed, as law firms flush with profits jockeyed for position, prestige and top new talent. But the strain on the broader economy in 2008 may finally spell the end of pay hikes for law firms' most inexperienced associates, at least for now, experts say....

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