After $180K Salary Bump, What About Benefits in Big Law?

ByCarmen Castro-Pagan, Bloomberg BNA

A number of big law firms in the past few months have increased the salaries of first-year associates to $180,000 — but that’s not the only thing firms are doing to attract and retain talent.

Major law firms have also become quite generous with the benefits they provide attorneys and staff. Some benefit packages include flexible schedules, child care and elderly care assistance, student loan assistance programs, paid parental leave, unlimited paid vacation, private banking, subsidized gym membership and career and family coaching services.

Firms are making an effort to recruit and retain the ...