Big time lawyers get first pay raise in nearly a decade

The sectors with the enviable pay raises

Associates at New York’s top law firm are getting their first pay bump in nearly a decade.

New York law firm Cravath, Swaine & Moore LLP sent a memo to its staff on Monday saying that first-year associates will start earning $ 180,000 a year, up from $ 160,000 — the going rate that was set in January 2007.

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