Compensation Squeeze: Counsel Salaries Lag Behind Rising Trends in Legal Market

In an evolving legal market, counsel ranks are reportedly experiencing a squeeze in compensation as both nonequity partner and associate salaries see upward trends. Jeff Lowe from CenterPeak has highlighted a particular vulnerability for counsel, who often find themselves in a “no man’s or no woman’s land” regarding salary increases. For more insights into how these shifts are impacting the hierarchy within law firms, further details can be explored in the original article.