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2. Lockstep compensation - Wikipedia

   en.wikipedia.org/wiki/Lockstep_compensation

   Lockstep compensation or seniority-based compensation is a system of remuneration in which employees' salaries are based purely on their seniority within the organization. For example, in the legal profession, where this system is most commonly found, all law school graduates hired by a law firm who graduated in the same year receive the same base pay regardless of background, experience, or ...

3. Associate attorney - Wikipedia

   en.wikipedia.org/wiki/Associate_attorney

   According to published data from the New York Times, the annual base salary for partner-track first year associate attorneys at top law firms in major U.S. legal markets such as New York, California, Massachusetts, the District of Columbia, and Texas can range from $160,000 to $190,000 per year—with salary varying depending on the size and reputation of the firm.

4. Average student loan debt for law school

   www.aol.com/finance/average-student-loan-debt...

   The average base salary for lawyers ranges between $60,000 and $170,000 a ... Law School Transparency’s Debt by Law School report ... some firms are opting to help offset this recurring cost to ...

5. List of largest law firms by profits per partner - Wikipedia

   en.wikipedia.org/wiki/List_of_largest_law_firms...

   Firms marked with "(verein)" are structured as a Swiss association. These are estimates and equity partners can make vastly different salaries inside the same firm. [2] For more up-to-date information on the US firms in this list, please refer to Largest US Law Firms Ranked by Profits Per Equity Partner.

6. Solidary obligations - Wikipedia

   en.wikipedia.org/wiki/Solidary_obligations

   When the debt is cancelled, the creditor forgives the debt, thereby releasing that debtor from the whole obligation. In the context of a solidary obligation, if the obligee cancels the debt of some—but not all—of the obligors, the obligation is reduced by an amount proportionate to those whose debts have been cancelled; the obligee ...

7. Debtor - Wikipedia

   en.wikipedia.org/wiki/Debtor

   A debtor or debitor is a legal entity (legal person) that owes a debt to another entity. The entity may be an individual, a firm, a government, a company or other legal person. The counterparty is called a creditor. When the counterpart of this debt arrangement is a bank, the debtor is more often referred to as a borrower.

8. Secured vs. unsecured debt: What’s the difference? - AOL

   www.aol.com/finance/secured-vs-unsecured-debt...

   Secured debt is debt that is backed by an asset, like a car or a house. Should you default on the loan or debt repayment, the creditor can seize this asset instead of opening a debt collection on ...

9. List of largest United States–based law firms by head count

   en.wikipedia.org/wiki/List_of_largest_United...

   List of largest law firms by revenue; List of largest United States-based law firms by profits per partner; List of largest United Kingdom-based law firms by revenue; List of largest Canada-based law firms by revenue; List of largest Europe-based law firms by revenue; List of largest Japan-based law firms by head count