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By N2H

IS RAISING SALARIES THE BEST WAY TO RETAIN ASSOCIATES?

Simpson Thacher & Bartlett’s preference final month to lift first-year join forces with salaries to$ 160, 000 lifted eyebrows — though competitors as well as authorised consultants subject either an additional compensate enlarge creates clarity. They indicate out which whilst it’s difficult to keep associates, compensate isn’t those attorneys’ categorical dispute. In actuality, the aloft income “puts some-more vigour upon capability as well as hours, ” says Robert Link Jr., handling partner of Cadwalader, Wickersham & Taft, whose organisation has suited Simpson Thacher’s compensate lift.

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