Starting salaries level off

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After sharp increases for the past few years, salaries for new law school graduates joining firms have hit a plateau.
Starting salaries level off

Statistics from the National Association for Law Placement, show that median first-year associate salaries for mid- to large-size firms have remained mostly stable for the last three years, from April 2000 to April 2003.

That is in sharp contrast to the almost 30 percent increase in median entry-level pay between April1999 and April 2000.

First-year associates at firms of 251 or more attorneys today earn, on average, about $110,000.

Of course, salary figures vary by firm size and location. At small firms, median entry-level pay is $59,500, and at very large firms (more than 500 attorneys), the median jumps to about $113,000.

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