Anonymous User wrote:Anonymous User wrote:Serious question: why do they pay below market? Is it to stay competitive on rates?
I think it's more about being a Pittsburgh based firm. There's absolutely no reason to pay 160 in Pitt and it's probably bad for morale to have associates in the home office making less than their classmates in NYC / DC. ITE they're still more than able to fill their class with people who will leap at 145 and I suppose they don't mind being everyone's second choice.
Disagree. K&L Gates has no problem doing this (they pay 160k in NYC, but less in Pittsburgh). Also, Reed only pays 115 or so in Pittsburgh, so either way they are making less than peers in major markets. Reed pays below market across the board, Pittsburgh included.