2010 Grads See Lower Pay, Fewer Big Firm Jobs

Law360, New York (July 6, 2011, 4:34 PM EDT) -- The median starting salary for class of 2010 law school graduates fell 13 percent, while starting private practice pay dropped 20 percent, thanks to a shift from large firms to small, low-paying firms, a report unveiled Wednesday said.

The National Association for Law Placement Inc.'s Employment Report and Salary Survey reveals that 53 percent of the law firm jobs held by 2010 graduates are in firms with 50 or fewer attorneys, a jump of 7 percent from the previous year's graduates.

"Aggregate starting salaries fell because...
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