Gehälterschrumpfung New York: Das große Abwarten

Two years ago, New York firms raced to match the $160,000 starting salary set by Simpson Thacher & Bartlett. Law firms in other states soon followed. Now, after more than a dozen firms nationally have cut salaries to pre-2007 levels, a few New York law firm chiefs say they're mulling over doing the same--if a big NYC firm does so first. At least two heads of New York law firms say they would consider reducing associate salaries. But the firm leaders, who requested anonymity to openly discuss the matter, say they're unlikely to make those cuts unless a firm traditionally considered a market leader in setting compensation levels does so first. Among the firms they're keeping an eye on: Sullivan & Cromwell, Cravath, Swaine & Moore, Simpson Thach…