O'Melveny & Myers: 'Welcome to the O.C. D.C., Bitch'
Los Angeles-based O’Melveny & Myers just raised base salaries for its associates in D.C. And it’s talking smack to Washington law firms that are too cheap to follow its lead:
“D.C.-area firms will have a difficult time competing for talent if they don’t move off the $135,000 number,” says Brian Brooks, O’Melveny’s recruiting partner. “National firms have moved. And because we want to attract the best talent to D.C., we now look at the market as being set at $145,000.”
Hogan & Hartson is also paying $145K in the District. We expect that to become the new “going rate” for Washington.
But a starting salary of $160,000 in the nation’s capital is possible. Look to Skadden, among others (basically, New York firms with D.C. offices).
O’Melveny Raises First-Year Salaries, Hogan Follows Suit [Legal Times]
Earlier: Previous announcements of law firm associate salary increases (scroll down through “Skaddenfreude” archives)
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