Quote:
Originally posted by Aloha Mr. Learned Hand
They pay market for 1st tier in Chicago, so a 5th-6th year lateral should be between $160k (5th year) to upwards of $175k (6th year).
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I didn't catch this before, but I usually consider
1st year $125,000
2nd yesr $135,000
3rd year $150,000
4th year $165,000
5th year $185,000
6th year $205,000
7th year $225,000
to be market in Chicago, with significant variation and compression beginning in the fifth year. I think that there are at least half a dozen firms that pay on this scale. Many (including perhaps WHAD) also adhere to a modified scheme where they start associates at $125,000 and do raises or approximately $10,000 most years.
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