Bloomberg Law
June 23, 2016, 11:40 AM UTC

Wake Up Call: Do In-House Counsel Care About Associate Pay Raises?

Elizabeth Olson
Elizabeth Olson
Freelance Correspondent

• On Tuesday Allstate Corp.’s general counsel, Susan Lees, sent an email criticizing the Cravath-inspired wave of pay hikes for first-year associates to $180,000, arguing law firms should be investing in technology. (WSJ Blog)

• Will in-house lawyers themselves see a pay hike as a result of the raises announced by more than 80 law firms so far? GCs contacted by BLB gave mixed views . (Big Law Business)

• With some GCs expressing concerns that the pay hikes could push rates up, some medium-size and regional firms see an opening for their pitch that they can do high-quality work for less money. ...

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