{"id":108347,"date":"2025-02-13T16:46:06","date_gmt":"2025-02-14T00:46:06","guid":{"rendered":"https:\/\/xira.com\/p\/2025\/02\/13\/nyc-biglaw-associate-compensation-increased-by-100k-in-just-5-years\/"},"modified":"2025-02-13T16:46:06","modified_gmt":"2025-02-14T00:46:06","slug":"nyc-biglaw-associate-compensation-increased-by-100k-in-just-5-years","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2025\/02\/13\/nyc-biglaw-associate-compensation-increased-by-100k-in-just-5-years\/","title":{"rendered":"NYC Biglaw Associate Compensation Increased By $100K In Just 5 Years"},"content":{"rendered":"
\"\"
(Photo by Spencer Platt\/Getty Images)<\/figcaption><\/figure>\n

Ed. note<\/u>: Welcome to our daily feature, Quote of the Day<\/a>.<\/em><\/p>\n

Seeing that growth in compensation in such a large amount, on average, shows supply and demand forces in the market. Associates are highly sought after especially in the upper end of the market. <\/strong><\/p>\n

There have been some really key events that have fueled that fire, more than we have traditionally seen, but time will tell on the sustainability of it. It\u2019s driven by firms pushing to remain competitive in the market.<\/strong><\/p>\n

\u2014 <\/i>\u00a0Nathan Peart<\/a>, executive director of Major, Lindsey & Africa\u2019s associate practice group, in comments given to the American Lawyer<\/a>, on the steep rise in associate compensation over the course of the last few years, as noted in the recruiting agency\u2019s latest report. In New York City in particular, which is described as a \u201chotbed for associate compensation and bonuses,<\/em><\/strong>\u201d average total associate compensation has grown by nearly $100,000 in the last five years.<\/em><\/strong><\/p>\n

\n
\"Staci
<\/figcaption><\/figure>\n

Staci Zaretsky<\/a>\u00a0is a senior editor at Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0Bluesky<\/a>,\u00a0X\/Twitter<\/a>, and\u00a0Threads<\/a>,\u00a0or connect with her on\u00a0LinkedIn<\/a>.<\/em><\/strong><\/p>\n<\/p>\n

The post NYC Biglaw Associate Compensation Increased By $100K In Just 5 Years<\/a> appeared first on Above the Law<\/a>.<\/p>\n

\"\"
(Photo by Spencer Platt\/Getty Images)<\/figcaption><\/figure>\n

Ed. note<\/u>: Welcome to our daily feature, Quote of the Day<\/a>.<\/em><\/p>\n

Seeing that growth in compensation in such a large amount, on average, shows supply and demand forces in the market. Associates are highly sought after especially in the upper end of the market. <\/strong><\/p>\n

There have been some really key events that have fueled that fire, more than we have traditionally seen, but time will tell on the sustainability of it. It\u2019s driven by firms pushing to remain competitive in the market.<\/strong><\/p>\n

\u2014 <\/i>\u00a0Nathan Peart<\/a>, executive director of Major, Lindsey & Africa\u2019s associate practice group, in comments given to the American Lawyer<\/a>, on the steep rise in associate compensation over the course of the last few years, as noted in the recruiting agency\u2019s latest report. In New York City in particular, which is described as a \u201chotbed for associate compensation and bonuses,<\/em><\/strong>\u201d average total associate compensation has grown by nearly $100,000 in the last five years.<\/em><\/strong><\/p>\n

\n
\"Staci
<\/figcaption><\/figure>\n

Staci Zaretsky<\/a>\u00a0is a senior editor at Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0Bluesky<\/a>,\u00a0X\/Twitter<\/a>, and\u00a0Threads<\/a>,\u00a0or connect with her on\u00a0LinkedIn<\/a>.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

(Photo by Spencer Platt\/Getty Images) Ed. note: Welcome to our daily feature, Quote of the Day. Seeing that growth in compensation in such a large amount, on average, shows supply and demand forces in the market. Associates are highly sought after especially in the upper end of the market. There have been some really key […]<\/p>\n","protected":false},"author":3,"featured_media":108348,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-108347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-above_the_law"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2025\/02\/Staci-Zaretsky-pvq4V4.jpeg?fit=150%2C100&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/108347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=108347"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/108347\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/108348"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=108347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=108347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=108347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}