Biglaw, Money, Skaddenfreude

Skaddenfreude: Kirkland LA Confirmed, and Irell Too

100 dollar bill Above the Law Above the Law law firm salary legal blog legal tabloid Above the Law.JPGA few weeks ago, we reported that Kirkland & Ellis’s Los Angeles office has raised the starting salary for its new associates to $145,000.
For those of you who don’t believe anything until it appears in the MSM, you can now rest easy. From today’s Recorder:

Chicago-based Kirkland & Ellis confirmed to The Recorder last week that it has upped its California offices to start at $145,000.

The article also reports that Irell & Manella has joined the $145,000 club, paying its first-year associates in Los Angeles the standard going rate for New York.
The question now becomes whether (and when) the so-called “Big Three” of L.A. law firms — Gibson Dunn & Crutcher, Latham & Watkins, and O’Melveny & Myers — will match. Rumor has it that Latham is “reconsidering” whether to raise to $145K (a movie it had previously ruled out doing in 2007).
If you hear anything on that front, please share what you know. Thanks.
Irell and Kirkland Hit $145K Mark [The Recorder via Law.com]
Re: Kirkland goes to $145k in LA/SF [Infirmation / Greedy LA]
Earlier: Skaddenfreude: Kirkland LA Ups the Ante

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