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Holland & Knight and Womble Bond Dickinson increase associate salaries

4 Min Read Holland & Knight confirmed Thursday that it is increasing salaries for first-year associates to $190,000, the prevailing market rate in New York, in all of its U.S. offices. (Blank Headline Received) Womble Bond Dickinson, which has offices throughout the Southeast and across the United States, also said Thursday that it is increasing associate salaries, by 9% on average. Associates in some markets will see an even bigger jump. They’re the latest law firms to boost base pay as competition for junior talent stays fierce, and as the coronavirus pandemic prompts some associates to consider moves to offices outside major markets.

U S SEC enforcement head resigns after five days on the job

U.S. SEC enforcement head resigns after five days on the job Reuters 1 hr ago By Katanga Johnson and Chris Prentice © Reuters/Jonathan Ernst FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door By Katanga Johnson and Chris Prentice WASHINGTON (Reuters) -Alex Oh, who last week became the first woman of color to lead the U.S. securities watchdog s enforcement division resigned on Wednesday due to potential conflicts of interest created by her previous work as a lawyer, according to the agency and a person with direct knowledge of the matter. The unusual turn of events is a blow for new Securities and Exchange Commission (SEC) chair Gary Gensler, for whom Oh was among his first big hires, and underscores the challenges of filling top agency roles with Wall Street defense attorneys.

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Q&A: Ex-NYSBA president: New York s future is regional law firms and a fintech focus

1 Min Read Stephen Younger knows a thing or two about New York’s legal market, as a former New York State Bar Association president who spent 35 years at Manhattan’s Patterson Belknap Webb & Tyler. Now, he’s thinking about how that market could change, as he makes his own leap, changing law firms for the first time to join Boston-based Foley Hoag as a litigation partner. Reuters recently spoke with Younger about why he made the move, where he sees New York’s legal market headed and more. This interview has been edited for clarity and length. To read the full story on Westlaw Today, click here: bit.ly/2OpxfzY

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