First-year associates at larger firms are seeing heftier paychecks, according to a national study. But the Midwest is seeing the shorter end of that stick compared to other regions.
In its 2019 Associate Salary Survey report released Wednesday, the National Association for Law Placement found that as of Jan. 1, the overall median first-year associate salary was up nearly 15 percent. That’s $155,000, up to $20,000 from the most recent survey in 2017.
“There has been abundant news coverage of the salary hike to $190,000 for first-year salaries at many of the largest law firms, and we see that reflected in the data collected in this year’s salary survey,†NALP executive director James Leipold said in a news release. “As with other associate base pay hikes in the past, while the press focus is usually on how quickly law firms race to meet a market change like this one, the data reveals that there are in fact many large law firm offices that are still not paying $190,000 as a base first-year salary.
“These hikes often take two or more years to move through the market,†Leipold continued. “They also have the effect of driving up starting salaries in markets that have a lower base, and we see that movement in this year’s data as well.â€
Results from the survey concluded the greatest salary growth was seen in the firm of at least 701 lawyers. Those median first-year base salaries increased by roughly 16 percent, bumping up from $155,000 in 2017 to $180,000 in 2019.
Regionally, the highest median first-year base salaries reported were in the Northeast and South at $165,000, followed by the West with $160,000. The lowest, $120,000, was found in the Midwest.
Many firms with more than 700 lawyers made up of numerous smaller regional offices do not pay the new benchmark first-year salary of $190,000, the study noted, and as a result, the majority of large law firm starting salaries fall below that mark.
Modest growth was seen in firm sizes ranging between 251-500 attorneys, with those first-year base salaries increasing 6.7 percent to $160,000 in 2019. Firms maintaining 51-100 lawyers, 101-250 lawyers and 501-700 lawyers saw little to no change at $115,000, $115,000 and $160,000, respectively.
Law firms consisting of more than 250 lawyers made up 70 percent of respondents, compiled from 24 major markets across the United States.
EVANSVILLE, Ind. — The Evansville Thunderbolts this season earned their first-ever playoff berth and the first in six years for an Evansville hockey team.
But at the gate, the Thunderbolts’ shots sailed far from the net, negatively impacting city finances.
Going into Sunday’s final regular season home game at 3:30 p.m. (it was rescheduled from Friday night due to visiting team travel issues), the Thunderbolts’ average at the Ford Center is 2,279, last in the 10-team SPHL. The ninth-place Mississippi RiverKings, located near Memphis, Tennessee, averaged 2,284.
The leaguewide average is 3,212.
Tickets to Sunday’s 3:30 p.m. game vs. the Fayetteville Marksmen start at $5. The game will be followed by a free open house (doors open for that at 5:30), which includes a skate with players and announcement of the Thunderbolts’ playoff opponent and schedule. The first home playoff game will have free admission.
SHOUT OUT & THANK YOU to @eisforeveryoneevv!!! Thunderbolts Home Playoff Game will be FREE for Everyone! No ticket needed, gen admission. Announcing info on date, time & opponent Sun evening/ Mon morning! #feelthethunder#feeltheplayoffs#eisforeveryone#hockeyisforeveryone
As of March 2017, the Thunderbolts are owned by VW Sports LLC, an offshoot of VenuWorks, which has a city government contract to manage the Ford Center. Scott Schoenike, executive director of the arena, said having a hockey team brings many benefits, not the least of which is an entertainment option for families and sports fans.
Home hockey games (28 in an SPHL regular season) fill the arena’s calendar while also boosting its sales of suites, sponsorships and concessions.
Attendance woes, though, are making it harder for the taxpayer-owned Ford Center to break even.
VenuWorks returns all of its profits to the city. For the extremely busy first two months of 2018, that profit came to $439,000.
But when combined with the City-County Building Authority’s expenses at the Ford Center – six Teamster employees as well as part-time labor to prepare the arena for different events – that $439,000 profit flips to a $125,000 city loss.
Struggling hockey attendance is one factor behind that figure. And having a playoff-caliber team this season did not provide a boost.
“I’ve been a little disappointed in the crowds,†Schoenike said. “But I think we’ve built a good foundation. I think we had a good year, we did things right. That’s the hardest thing about minor league sports. But next year we’ll have a full year of our salesmen getting out. A lot of those ticket prices were set before we picked up the team.â€
Evansville businessman Mike Hall was part-owner of the Thunderbolts when the club was introduced as an SPHL expansion team. The Thunderbolts replaced the IceMen, an ECHL team that bolted amid a bitter dispute between owner Ron Geary and city government over rent and revenue disbursement.
Hall sold his interest in March 2017, as the Thunderbolts struggled to win and draw fans in the club’s first season. Hall’s ownership came with an agreement he would run the club on VenuWorks’ behalf. With Hall no longer involved, much of that role has fallen to Schoenike.
Evansville residents’ Interest in hockey has waned since the bitter public dispute between city officials and Geary. The IceMen moved to Jacksonville, Florida, after Geary’s plan to play in Owensboro, Kentucky, fell apart.
The IceMen averaged 4,043 during their lame-duck 2015-16 season at the Ford Center. They drew 5,415 per game in 2012-13 and filled the arena for promotions such as Star Wars Night and New Year’s Eve games.
Schoenike said he’d love to get back to those attendance levels, but he wants to set realistic goals. He does not buy the argument that Evansville’s drop in hockey classification from the ECHL, which has an affiliation with the National Hockey League, to the unaffiliated SPHL is a reason for the attendance drop.
The IceMen played in another unaffiliated league before moving up in class to the ECHL, Schoenike said.
Heading into the Thunderbolts’ third season, VenuWorks wants to see an attendance boost, as well as continued winning hockey.
The club will target more corporate and group business next season, in addition to walk-up and season ticket business, hoping to bump the average to 2,500 or so.
“I can live off 2,500 paid,†Schoenike said. “Financially, that works. I’d like to get back to 3,600, but 2,500 works financially, and that’s really what we need to hit. Right now, we’re lower than that, but not by a crazy amount that’s unattainable. We need some more fans to make it work, but it’s not like we have to double our crowds.â€
And, the current season isn’t over yet.
Playoffs coming up
The Thunderbolts are assured of having at least one home playoff game – more if the club advances.
The top eight SPHL teams qualify for playoffs, and the top four teams choose first-round opponents from the bottom four. Schoenike said it’s possible the top-seeded Peoria Rivermen will pick Evansville, in part for travel reasons.
Free admission to the first home playoff game is sponsored by E is for Everyone. All playoff series in the SPHL are best-of-three.
Schoenike wants local residents to come enjoy themselves.
“That’s one thing the SPHL does nice; they don’t stretch it,†Schoenike said. “There’s three rounds for a championship, and it will happen over three weeks.â€
EVANSVILLE, Ind. – The city will continue funding ECHO Housing Corp. following the discovery that its former director used the nonprofit’s money to pay her personal property taxes.
“ECHO Housing is an important partner for the Department of Metropolitan Development,†said Kelley Coures, DMD’s director. “We’re going to continue without missing a beat. We’re going to support ECHO just the same as we always have.â€
After learning about TenBarge’s actions, city officials reviewed their contributions to the organization.
“We combed through all of our grant programs and all our money that we run through ECHO,†Coures said. “We are 100 percent confident that ECHO used all our funds property.â€
The city provides the group between $80,000-$130,000 a year, Coures said. That is around 5 percent of the $2.1 million the nonprofit reported receiving in 2016.
Beyond the city-funded project, the future of the nonprofit is unclear.
Neither ECHO’s Board President Dane Chandler nor ECHO’s Interim Director Chris Metz could be reached for comment.
Coures did not know what funding TenBarge used to pay her personal property taxes, he said.
The nonprofit receives millions of dollars annually in tax payer money and local donations. And it frequently works alongside local government on city projects.
The nonprofit is the lead agency working alongside the city on Evansville’s Promise Zone initiative, which gives them first crack at federal grant money in the city’s poorest neighborhoods. It owns dozens of properties, including two apartment complexes that provide permanent supported housing to formerly homeless families and veterans. And it is about to build two more apartment complexes that will provide permanent supported housing.
On Friday, ECHO’s attorney Scott Wylie said that all ECHO funds are “accounted for,†including funds from donations, grants, contracts and other revenue. The organization reported receiving $2.1 million in 2016.
TenBarge was ECHO’s executive director nearly nine years. Her salary in 2016 was $76,250.
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The University of Southern Indiana will hold an open forum to solicit public comment on proposed tuition and mandatory fees for the 2019-2020 and 2020-2021 academic years.
The public hearing will take place at 3 p.m. Tuesday, June 4 in the Griffin Center on the USI campus, followed by a special meeting of the USI Board of Trustees.
Under Indiana law, each state educational institution is required to set tuition and fees for a two-year period following the adoption of the state’s biennial budget and to hold a public hearing before the adoption of any proposed rate increases.
The University proposes that tuition for a full-time, in-state, undergraduate student be set at $7,986 in 2019-2020, an increase of approximately $157. In 2020-2021, tuition would be set at $8,146, an increase of approximately $160.
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The Evansville Otters’ offense picked up where it left off from Saturday’s game on Sunday but could not hold off a late rally by the River City Rascals, falling 8-7 in the series finale.
Evansville had built a 7-4 lead heading into the bottom of the eighth inning, but River City did not go down without a fight.
With two outs in the bottom of the eighth and a three-run deficit to the Otters, the River City Rascals managed to score four runs in the frame to get the lead for the first time since the bottom of the first.
River City’s Shane Cooper hit a pinch-hit two-run single off Otters reliever Matt Rowland, bringing the score to a lead 7-6 edge for Evansville.
With Danny Hrbek coming in to relieve Rowland, Cody Livesay delivered an RBI knock, driving in Cooper to tie the game at seven.
A bases-loaded walk to River City catcher James Morisano scored the go-ahead run to give the Rascals an 8-7 lead.
It was the first time the Rascals led the game since scoring two runs back in the first inning, when they sent seven men to the plate, to take an early 2-0 lead.
After Keith Grieshaber was hit by a pitch to start the top of the ninth, Ryan Long moved him over to second base with a groundout, but Taylor Lane and Dakota Phillips struck out back-to-back to end the game.
The Otters had a 5-3 lead after two innings, sending nine men to the plate and scoring five runs in the top of the second. Carlos Castro started the big inning with a solo home run, followed by singles from Mitchell Hansen, Jack Meggs, J.J. Gould, David Cronin, Grieshaber, and Long.
Otters starter Jake Welch pitched into the fifth but had a bases-loaded RBI walk to Braxton Martinez to make the score 5-4. He went four innings, allowing four runs – three earned – with five walks, and striking out five.
Evansville’s Taylor Wright came on in the fifth with the bases-loaded and no outs in a one-run game. He had a strikeout and helped Long turn a 5-4-3 double play to end the threat.
In the seventh, the Otters added two more runs with an RBI groundout from Lane and then on a passed ball that allowed Grieshaber to score from third, extending the Otters lead to 7-4.
That would prove not to be enough on the night for the Otters to get the win and take the series.
The Otters will return home on Tuesday, May 28 when they face the Washington Wild Things for the first $2 Tuesday of the season. General Admission tickets and popcorn can be purchased for $2.
TENNYSON, IN – Billy W. Adams, 81, of Tennyson, Indiana, passed away on Saturday, May 25, 2019, at his residence.
He was born on June 28, 1937 in Warrick County, Indiana, the son of the late S.T. Adams and Cathryn (Eifler) Adams.
Billy was an operating engineer for 50 years and was a member of the International Union of Operating Engineers. He enjoyed working on engines, gardening and woodcutting, as well as watching women’s basketball and softball. He also played basketball for Tennyson High School. Billy was known for his excellent BBQ and always attended the Thresherman’s Steam Engine Show with his tractor.
He is survived by his loving wife of 61 years, June (Leslie) Adams; son Bill Adams; daughter Carol Englebright; granddaughter Audra Englebright (Greg Russ); sisters Delores Roush, Joyce Dimmett (Larry), Hazel Adams, Linda Roll, Patty Miller; brothers Paul Adams (Barbara), Bobby Adams (Betty), Jimmy Adams (Ruth Ann), Ronnie Adams (Angie), Kenny Adams (Christie); brother in law Daniel Leslie and sisters in law, Wanda Adams and Louise Chambliss.
He is preceded in death by his sisters, Janet Gayle Adams and Ethel Louise Leslie and brother, Donald Gene Adams.
Visitation will be from 11 a.m. until 2 p.m. Friday, May 31, 2019, at Koehler Funeral Home in Boonville, Indiana.
A procession to Maple Grove Cemetery for graveside services will begin at 2 p.m. Services will be officiated by Rev. Darrell Hillhouse.
Koehler Funeral Home of Boonville, Indiana is entrusted with care.