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Law FirmNEW YORK (Reuters) – In 2011, Boston-primarily based regulation firm Bingham McCutchen was hailed in a Harvard Law School case examine as a mannequin of how lawyers can get rich by merging with other corporations.

In 2006, median salaries of recent graduates ranged from US$ 50,000 per year in small corporations (2 to 10 attorneys ) to US$160,000 per year in very giant firms (more than 501 attorneys). The distribution of these salaries was extremely bimodal, with the vast majority of new lawyers incomes at either the high finish or the low finish of the size, and a median salary of US$sixty two,000. 32 In the summer season of 2016, New York regulation firm Cravath, Swaine & Moore raised its first-year affiliate salary to $a hundred and eighty,000. Many other excessive-finish New York-based mostly and enormous nationwide legislation companies quickly adopted.

If, however, you have no idea anyone that has …