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Generous Pay for Lawyers

It's a good time to be a graduate of law school especially when you're in the top tier of the class. We're seeing a national trend where many of the nation's largest law firms are upping their salaries for recent law school graduates by 10% to 15%. Firms in Cleveland are no exception. Jones Day, for example, is now paying its least experienced attorneys as much as $135,000 a year. Why are the biggest firms giving such generous raises? Eric Wellman asked that question to finance reporter Shawn Turner who reported this story for Crain's Cleveland Business.

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