Ed.
note:
Welcome
to
our
daily
feature,
Quote
of
the
Day.
There
are
a
number
of
reasons
why
base
salary
could
go
up
next
year,
particularly
if
transactional
flow
increases
next
year
over
this
year,
which
would
lead
to
some
firms
becoming
capacity
constrained.
[This]
in
turn
would
be
more
likely
to
lead
to
base
compensation
increases
for
associates.
—
Kent
Zimmermann,
a
consultant
with
Zeughauser
Group,
in
comments
given
to
the
American
Lawyer,
on
why
salaries
may
increase
for
Biglaw
associates
sometime
in
2025.
Zimmermann
went
on
to
say
that
firms
are
likely
to
“wait
and
see”
what
unfolds
in
terms
of
supply
and
demand
before
any
compensation
decisions
are
made.
Staci
Zaretsky is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to
email
her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on
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and
Threads
or
connect
with
her
on
LinkedIn.
