$180,000
New starting salary for first-year associates at the law firm, Dechert effective July 1 in an effort to compete with firms in New York and other cities
$38,100,000
Amount that South Philadelphia-based Prudential Bancorp has agreed to pay for Huntingdon Valley’s Polonia Bancorp in a merger that will create an 11-branch, $850 million asset company
41 MILLION
Number of visitors to the city of Philadelphia in 2015, representing an economic impact of $10.7 billion, according to Visit Philadelphia, the region’s official tourism marketing agency
$17.85 million
Amount paid for the 8,900-square-foot two-story penthouse at Scannapieco Development Corporation’s 500 Walnut, making it the most expensive residence to be sold in Philadelphia to date
16
Pennsylvania’s rank among all 50 states and the District of Columbia for growth in number of middle market firms from 2011-2016, according to the latest Middle Market Power Index from American Express and Dun & Bradstreet
Published (and copyrighted) in Philly Biz, Volume 1, Issue 7 (June, 2016).
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