IAFG wrote:Desert Fox wrote:145K for firms over 700? That's barely the top 50 firms. So places like DLA Piper, Baker McKensey, Squire Sanders, Morgan Lewis, McGuireWoods, Hutnon Williams, etc etc. count.
But Arnold Porter, Devoise, Quinn, Cravath, Fried Frank, & DPW don't count.
It's 55 firms, and if any of them dropped base salary last year, I didn't hear about it. Seems like the most likely explanation is that the firms that pay $145k in secondaries picked up their hiring in those markets.
Or major market slowed but secondary stayed steady.