Midmarket Firm Bumps New Atty Salary To $170K

Law360, New York (August 18, 2016, 7:32 PM EDT) -- New York-based firm Morrison Cohen LLP said Thursday that it will begin offering its first-year associates increased salaries of $170,000 come September, proving that even firms focused on serving the middle market are not immune to the salary pressure caused by Cravath Swaine & Moore LLP.

Although Morrison Cohen’s salary for first years is not a full Cravath match, in which the firm announced in June that it would be handing out salaries from $180,000 to $315,000 for first- through eighth- year associates, a $170,000 entry-level...
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