文章基本信息

标题：Efficiency-Wage Theory and Law Firm Pay
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作者：Wang, Dongyu
期刊名称：University of Michigan Journal of Law Reform Caveat
出版年度：2012
卷号：45
期号：1
页码：17-18
出版社：University of Michigan Law School
摘要：Every first-year law student knows that Big Law pays $160,000 a year. In fact, this number is likely the biggest incentive for applying in the minds of most law-school hopefuls. Taking New York City as an example, a quick look at Vault’s salary data reveals that, indeed, the large majority of New York firms with available salary data pay first-year associates exactly $160,000.
关键词：Law firms; Salaries; Efficiency wage hypothesis; Competition; Incentives