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The Economist: Business, The Economist
Wed, 12/17/2014 - 7:11am

Hmm, what colour Porsche should I buy? NEARLY eight years have passed since young lawyers at large American firms last got significant pay rises. With law-school graduates plentiful and demand for corporate legal work tepid, the standard starting salary has been stuck at $160,000 a year since 2007. Heartbreaking, isn’t it?

Topics: porsche heartbreaking wall street december cravath new york november simpson thacher chinese lawyers pay bonus year starting legal years firm financial

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