Dedy Kurniadi & Co Lawyers
The traditional wage mannequin for law firm associates is lockstep compensation, by which affiliate salaries go up by a fixed quantity each year from the affiliate’s law school graduation. However, many corporations have switched to a level-based compensation system, in which associates are divided into three ranges primarily based on skills mastered. In 2013, the median salaries for the three affiliate levels had been $152,500, $185,000 and $216,000 amongst giant companies , and $122,000, $143,500 and $160,000 amongst all corporations. In 2006, median salaries of latest graduates ranged from US$50,000 per year in small companies to US$160,000 per yr in …
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