{"id":274881,"date":"2021-06-14T23:26:44","date_gmt":"2021-06-14T20:26:44","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/entry-level-corporate-lawyers-now-can-make-200k-or-more\/"},"modified":"2021-06-14T23:26:44","modified_gmt":"2021-06-14T20:26:44","slug":"entry-level-corporate-lawyers-now-can-make-200k-or-more","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/entry-level-corporate-lawyers-now-can-make-200k-or-more\/","title":{"rendered":"#Entry-level corporate lawyers now can make $200k or more"},"content":{"rendered":"<p>&#8220;<strong>#Entry-level corporate lawyers now can make $200k or more<\/strong>&#8221;<\/p>\n<div>\n<p>Pay for first year corporate attorneys has skyrocketed, with some firms now paying young graduates more than $200,000 starting salaries.\u00a0<\/p>\n<p>New York-based corporate law firm Davis Polk &amp; Wardwell LLP, which has 975 attorneys, upped pay on Friday for 2021 law school graduates to $202,500, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/entry-level-lawyers-are-now-making-200-000-a-year-11623499201\">the Wall Street Journal reported<\/a>. Another New York law firm,\u00a0765-attorney Milbank LLP, reportedly raised first-year pay to $200,000 last week.\u00a0<\/p>\n<p>Other firms that jacked-up pay in the past week include Cadwalader, Wickersham &amp; Taft LLP; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo PC; and Proskauer Rose LLP, according to the Journal, which also reported firms paid-out bonuses throughout the pandemic.\u00a0<\/p>\n<p>A recent <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nalp.org\/uploads\/ASSR\/2021ASSRParticipantsSummary.pdf\">survey<\/a> from the National Association for Law Placement found that the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>n first-year corporate lawyer at a firm with more than 700 employees made $190,000 per year at the beginning of 2021 \u2014 an increase of more than 20 percent from 2017 even without taking the most recent raises into account.<\/p>\n<p>For all corporate law firms, the median first-year salary was $165,000 \u2014 a $10,000 increase from 2019, the last year the survey was conducted.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"682\" alt=\"Rolled $100 bills on a justice scale.\" class=\"wp-image-18520328 lazyload\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/06\/young-lawyer-money-02.jpg?quality=90&amp;strip=all&amp;w=300 300w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/06\/young-lawyer-money-02.jpg?quality=90&amp;strip=all&amp;w=640 640w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/06\/young-lawyer-money-02.jpg?quality=90&amp;strip=all&amp;w=1280 1280w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/06\/young-lawyer-money-02.jpg?quality=90&amp;strip=all&amp;w=1024 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/06\/young-lawyer-money-02.jpg?quality=90&amp;strip=all&amp;w=2000 2000w\" data-sizes=\"(max-width: 640px) 100vw, 1024px\"\/><figcaption>Firms that jacked up pay in the past week include Cadwalader, Wickersham &amp; Taft LLP; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo PC; and Proskauer Rose LLP.<\/figcaption><figcaption><span class=\"credit\">Getty Images\/iStockphoto<\/span><\/figcaption><\/figure>\n<p>Attorneys in large markets like New York and Los Angeles raked-in the highest pay, while lawyers in other markets took in less. The lowest first-year salaries were in the southwest, where entry-level lawyers were paid $130,000 according to the survey.\u00a0<\/p>\n<p>Nearly two-thirds of law offices reduced employees\u2019 pay in 2020 as the pandemic squeezed the economy, but pay surged upward again by the end of the year, according to the survey.\n            <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2021\/06\/14\/entry-level-corporate-lawyers-now-can-make-200k-or-more\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Entry-level corporate lawyers now can make $200k or more&#8221; Pay for first year corporate attorneys has skyrocketed, with some firms now paying young graduates more than $200,000 starting salaries.\u00a0 New York-based corporate law firm Davis Polk &amp; Wardwell LLP, which has 975 attorneys, upped pay on Friday for 2021 law school graduates to $202,500, the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":274882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/06\/young-lawyer-money-01.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[109293,71756,72588,80629],"class_list":["post-274881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-6-14-21","tag-lawyers","tag-money","tag-salaries"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/274881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=274881"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/274881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/274882"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=274881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=274881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=274881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}