According to a consultant quoted in Law Practice, Vol. 32, April/May 2006 at 10, “one major client of several big firms refuses to pay any more for associates with less than two years’ experience than it would have to pay for legal assistants.”
Even so, that client might be overpaying (See my post of Feb. 28, 2006 about complaints over associate compensation, Nov. 21, 2005 on imposed staffing profiles, May 30, 2005 about hiring only partners, and Nov. 19, 2005 about USF&G using only partners.).