Small Firm Lawyers See a Boost in Paychecks: A Closer Look at the Latest Compensation Trends
Lawyers at smaller firms are notably seeing an uptick in their earnings, setting a trend that breaks away from their traditionally lower salary brackets when compared to their larger firm counterparts. This shift is introducing a new dynamics in the legal industry where smaller practices are now able to attract talent by offering competitive compensation packages. Financial trends over the past year indicate that the average pay in smaller legal firms has seen significant growth, narrowing the salary gap with larger firms. While partners at big law firms have long enjoyed hefty paychecks, associates and … Read more