Fox Rothschild Puts Brakes on First-Year Salary Hikes

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Fox Rothschild announced Tuesday that it wouldn't increase first-year associate salaries for its incoming September class, instead holding the line at $125,000. "We said to ourselves that there are financial implications to raising associate salaries and there was no appetite for our partners to absorb it," said administrative partner Mark L. Silow. At the same time, the firm has enhanced several aspects of its bonus pool, according to Silow.

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