Biglaw, Magic Circle, Money, Skaddenfreude, Sonnenschein

Skaddenfreude: Lunchtime Open Thread

100 dollar bill Above the Law Above the Law law firm salary legal blog legal tabloid Above the Law.JPGRemember that root canal we had? It’s time for us to go in for a follow-up.
Hence this lunchtime open thread. Please post pay raise news in the comments. Since it’s Friday afternoon, we expect at least some news to break.
Before we leave, here are some items we’ve recently verified:
1. From a confirmed Linklaters source, we hear that “Linklaters has reinforced its commitment to be a top player in NYC market.”
We interpret this as: “We’re on the $160K scale. Yippee!”
2. From a confirmed source at Sonnenschein, Nath & Rosenthal:

Our NY office is matching the New York pay raise, and our Chicago office is going to match Sidley’s 145K raise to Chicago 1st years. We expect that all Chicago firms will go to 145K, and some may feel compelled to go higher (Kirkland?) to compete with Skadden.

We only announced the 1st year rates. We have not set the upper level associate structure, which is somewhat more compressed than at certain other firms.

3. Finally, Brown Rudnick has matched. Their memo appears after the jump.
We’ll review your comments, and resume salary coverage, when we get back. Thanks.
Earlier: Previous announcements of law firm associate salary increases (scroll down through “Skaddenfreude” archives)

Brown Rudnick Berlack Israels associate base salary pay raise Above the Law.jpg

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