MoFo To Pay 1st-Years $160K Across The Board

Law360, New York (February 17, 2010, 5:25 PM EST) -- After paring compensation rates for first-year associates at some of its offices in the fall, Morrison & Foerster LLP announced that it will raise its base salaries to $160,000 in all its offices.

Firm chair Keith C. Wetmore sent a firmwide e-mail Tuesday notifying attorney of the changes, which are retroactive to Jan. 1.

“Although a great deal of uncertainty continues regarding how the economy will perform in 2010, we, like our most successful competitors, remain in demand,” the e-mail said. “We are planning conservatively for...
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