Biglaw, Money, Skaddenfreude

Skaddenfreude: Morning Round-Up

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Once the dust settles, we’ll put up a comprehensive chart showing which large law firms have raised base salaries for which of their associates. That listing will indicate which law firms are paying the $160K salary scale across the board, which ones are doing so only in New York, and which ones are somewhere in between.
We’ll publish this full law firm salary chart after more data points have materialized — and after the situation has completely stabilized. It’s theoretically possible (even if unlikely) that some firm might come along and bump rates up by another $5K or so. We’re going to hold off on preparing a more elaborate chart until the final figures are in.
For now, and for your ready reference, these are the law firms that are confirmed as having recently instituted some form of associate pay raise (whether universal or New York-only):
— Cadwalader, Wickersham & Taft
— Cleary Gottlieb Steen & Hamilton
— Clifford Chance
— Davis Polk & Wardwell
— Dewey Ballantine (actual memo here)
— Fried Frank
— Greenberg Traurig
— Hogan & Hartson (additional discussion here)
— Kaye Scholer
— King & Spalding
— Milbank Tweed Hadley & McCloy
— Morrison & Foerster (NYC and non-NYC)
— O’Melveny & Myers (additional discussion here)
— Paul Weiss Rifkind Wharton & Garrison
— Proskauer Rose
— Quinn Emanuel
— Shearman & Sterling
— Simpson Thacher & Bartlett
— Skadden Arps Slate Meagher & Flom
— Sullivan & Cromwell
— Weil Gotshal & Manges
— White & Case
— Willkie Farr & Gallagher
Please inform us of notable omissions, and please continue to send supporting documentation — announcement emails and memos, or descriptions of the notification process if not made in writing — to tips AT abovethelaw DOT com. Thanks.
Earlier: Previous announcements of law firm associate salary increases (scroll down through “Skaddenfreude” archives)

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