Law graduate salaries hit $190,000
National law firms have increased their starting salaries for recent graduates to $190,000, reports The Wall Street Journal. The trend was started last week by New York firm Milbank, Tweed, Hadley & McCloy LLP, and other firms have followed suit, including Cravath Swaine & Moore LLP, Simpson Thacher & Bartlett LLP, Proskauer Rose LLP and Winston & Strawn LLP, per the Journal. Law firms compete fiercely for the top students, matching each other's starting salaries to remain competitive.