Thursday, July 12, 2012

Starting Salaries Down, Year over Year for New Law Grads

Salaries for new graduates from the class of 2011 fell 5% from those of 2010 and about 17% since 2009, according to a survey by the Association for Legal Career Professionals, formerly known as the National Association for Law Placement, or NALP.
Median private practice starting salaries fell more than 18% from 2010 and 35% from 2009, the survey found.
The national median salary for 2011 graduates was $60,000 for those working full-time for at least one year. That’s down from $63,000 in 2010 and $72,000 in 2009. At law firms, the national median salary was $85,000, down from $104,000 in 2010 and $130,000 in 2009.


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